by our College Data Analytics TeamThis page focuses on the debt students take on to attend Milan Institute-Las Vegas— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
At Milan Institute-Las Vegas specifically, 60% of incoming students take out a loan to help cover first-year costs, at roughly $5,029 each, across private and federal loan sources.
The average federal loan is $5,029, which is 91.4% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Across the full undergraduate body at Milan Institute-Las Vegas (freshmen included), 65% borrow through federal student loan programs, borrowing on average $5,124 annually. This is 1.9% above the first-year federal average of $5,029.
At a steady annual pace, that totals around $10,248 in two years and roughly $20,496 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 65% |
| Average federal loan per year | $5,124 |
| Undergraduates with a federal loan | 270 |
| Total federal loans (one year) | $1,383,480 |
Graduating and withdrawing students at Milan Institute-Las Vegas carry a median federal debt of $6,333 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $4,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Milan Institute-Las Vegas.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,109 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,253 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Milan Institute-Las Vegas.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Milan Institute-Las Vegas.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 235 | $4,675 |
| Completed (graduates) | 182 | $5,076 |
| Did not complete | 53 | $3,396 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $60.36/mo.
Federal data lets us separate Stafford borrowers from the rest at Milan Institute-Las Vegas.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 214 | $4,545 |
| No Stafford loan this year | 21 | $7,786 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Milan Institute-Las Vegas.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Milan Institute-Las Vegas follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 20.2% |
| Borrowers in the cohort | 761 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Milan Institute-Las Vegas.
Subsidized and 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.
Worth Knowing
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.