by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Wisconsin Academy a Paul Mitchell Partner Group-PMTS Lincoln— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Wisconsin Academy, 90% of incoming students take out a loan to help cover first-year costs, for an average of $7,252 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $7,252. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Across the full undergraduate body at Wisconsin Academy (freshmen included), 75% take out federal student loans, at an average of $7,659 annually. That amounts to 5.6% more than the $7,252 borrowed by freshmen.
Borrowing at that rate every year works out to about $15,318 in two years and roughly $30,636 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 | 75% |
| Average federal loan per year | $7,659 |
| Undergraduates with a federal loan | 76 |
| Total federal loans (one year) | $582,068 |
Graduating and withdrawing students at Wisconsin Academy carry a median federal debt of $7,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,000 |
| Students who completed (graduates) | $9,955 |
| Students who withdrew | $5,311 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Wisconsin Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $12,000 |
The indicators below describe what the typical debt costs to pay back at Wisconsin Academy.
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 Wisconsin Academy appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.4% |
| Borrowers in the cohort | 27 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,000 |
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
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.