by our College Data Analytics TeamBelow is federal data on the loans students use to pay for PCI Academy-Iowa City, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
At PCI Academy-Iowa City, 63% of first-year students take on loan debt, with a typical loan of $6,775 per borrower, covering both private and federal loans.
The average federal loan is $6,775. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
For undergraduates overall at PCI Academy-Iowa City, 56% borrow through federal student loan programs, averaging $8,779 in federal loans per year. This works out to 29.6% greater than the $6,775 borrowed by freshmen.
Repeating that yearly amount projects to about $17,558 across two years and $35,116 over a four-year span. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 56% |
| Average federal loan per year | $8,779 |
| Undergraduates with a federal loan | 89 |
| Total federal loans (one year) | $781,328 |
The middle borrower at PCI Academy-Iowa City owes $4,858 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $4,858 |
| Students who completed (graduates) | $5,828 |
| Students who withdrew | $2,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for PCI Academy-Iowa City.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,333 |
| 25th percentile | $3,666 |
| 75th percentile | $12,677 |
| 90th percentile (highest-debt students) | $17,083 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at PCI Academy-Iowa City.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for PCI Academy-Iowa City.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 86 | $8,360 |
These figures turn the debt totals into a monthly repayment picture for PCI Academy-Iowa City.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for PCI Academy-Iowa City is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.6% |
| Borrowers in the cohort | 163 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,277 |
| Middle income | $5,504 |
| High income | $3,666 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,789 |
| Continuing-generation students | $5,277 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,211 |
Federal data publishes the following gap measures for PCI Academy-Iowa City.
Subsidized vs. Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Did You Know?
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.