by our College Data Analytics TeamHere you will find what students actually borrow to attend Pima Medical Institute-Dillon, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Across the full undergraduate body at PMI Dillon (freshmen included), 23% take out federal student loans, with a mean of $5,117 each per year.
Repeating that yearly amount projects to about $10,234 over two years and about $20,468 across a four-year program. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 23% |
| Average federal loan per year | $5,117 |
| Undergraduates with a federal loan | 5 |
| Total federal loans (one year) | $25,587 |
Graduating and withdrawing students at PMI Dillon carry a median federal debt of $5,250 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,250 |
| Students who completed (graduates) | $5,500 |
| Students who withdrew | $3,455 |
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 PMI Dillon.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,208 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at PMI Dillon.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at PMI Dillon.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 262 | $5,741 |
| Completed (graduates) | 168 | $5,905 |
| Did not complete | 94 | $5,425 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $70.22/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at PMI Dillon.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 246 | — |
| No Stafford loan | 16 | — |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 64 | $5,878 |
| No Stafford loan this year | 198 | $5,694 |
Repayment burden translates the debt figures into what a borrower actually pays each month. PMI Dillon.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for PMI Dillon is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 14.7% |
| Borrowers in the cohort | 25 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $4,788 |
| Middle income | $5,348 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,750 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,457 |
| Independent students | $5,083 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at PMI Dillon.
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.
Worth Knowing
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.