by our College Data Analytics TeamThis page focuses on the debt students take on to attend The Temple Annapolis - A Paul Mitchell Partner School— 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 The TEMPLE Annapolis, 59% of new students use loans toward freshman-year expenses, for an average of $7,233 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $7,233. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at The TEMPLE Annapolis, 55% finance part of their studies with federal loans, for a typical $6,176 annually. That amounts to 14.6% smaller than the $7,233 freshmen take on.
Repeating that yearly amount projects to about $12,352 by year two and around $24,704 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 55% |
| Average federal loan per year | $6,176 |
| Undergraduates with a federal loan | 172 |
| Total federal loans (one year) | $1,062,304 |
Graduating and withdrawing students at The TEMPLE Annapolis carry a median federal debt of $9,833 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,833 |
| Students who completed (graduates) | $9,833 |
| Students who withdrew | $4,750 |
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 The TEMPLE Annapolis.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $14,660 |
| 90th percentile (highest-debt students) | $16,500 |
How wide this percentile range is tells you how much borrowing varies across students at The TEMPLE Annapolis.
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 The TEMPLE Annapolis.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 78 | $10,434 |
The indicators below describe what the typical debt costs to pay back at The TEMPLE Annapolis.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for The TEMPLE Annapolis follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.7% |
| Borrowers in the cohort | 106 |
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 | $9,833 |
| Middle income | $9,833 |
| High income | $9,833 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $9,833 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $14,030 |
Federal data publishes the following gap measures for The TEMPLE Annapolis.
The Difference Between 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.
Did You Know?
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.