by our College Data Analytics TeamThis page focuses on the debt students take on to attend Institute of Culinary Education, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
For undergraduates overall at Institute of Culinary Education, 38% rely on federal student loans toward their education, at an average of $3,907 annually.
Borrowing the same amount each year would add up to roughly $7,814 across two years and $15,628 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 38% |
| Average federal loan per year | $3,907 |
| Undergraduates with a federal loan | 401 |
| Total federal loans (one year) | $1,566,580 |
The middle borrower at Institute of Culinary Education owes $3,972 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,972 |
| Students who completed (graduates) | $6,439 |
| Students who withdrew | $3,431 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Institute of Culinary Education.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,728 |
| 25th percentile | $3,972 |
| 75th percentile | $6,861 |
| 90th percentile (highest-debt students) | $6,861 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Institute of Culinary Education.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Institute of Culinary Education.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 235 | $31,945 |
| Completed (graduates) | 173 | $32,547 |
| Did not complete | 62 | $25,946 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $387.02/mo.
Federal data lets us separate Stafford borrowers from the rest at Institute of Culinary Education.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 205 | $31,305 |
| No Stafford loan | 30 | $32,806 |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 199 | $31,305 |
| No Stafford loan this year | 36 | $32,806 |
These figures turn the debt totals into a monthly repayment picture for Institute of Culinary Education.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Institute of Culinary Education appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.8% |
| Borrowers in the cohort | 154 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,439 |
| Middle income | $3,972 |
| High income | $3,924 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,426 |
| Continuing-generation students | $3,972 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,915 |
| Independent students | $6,671 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Institute of Culinary Education.
Subsidized vs. Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
Did You Know?
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.