by our College Data Analytics TeamThis page focuses on the debt students take on to attend Allen School - Brooklyn— 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 Allen School - Brooklyn, 92% of incoming students take out a loan to help cover first-year costs, with a typical loan of $6,720 per student, private and federal loans combined.
The average federal loan is $6,720. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Looking at all undergraduates at Allen School - Brooklyn, freshmen included, 89% rely on federal student loans toward their education, for a typical $6,535 per year. That amounts to 2.8% smaller than the $6,720 freshmen take on.
Borrowing at that rate every year works out to about $13,070 across two years and $26,140 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 | 89% |
| Average federal loan per year | $6,535 |
| Undergraduates with a federal loan | 504 |
| Total federal loans (one year) | $3,293,615 |
The median student at Allen School - Brooklyn borrows $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $9,500 |
| 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 Allen School - Brooklyn.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,565 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Allen School - Brooklyn.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Allen School - Brooklyn.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 252 | $5,737 |
| Completed (graduates) | 177 | $5,737 |
| Did not complete | 75 | $4,931 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $68.22/mo.
Federal data lets us separate Stafford borrowers from the rest at Allen School - Brooklyn.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 233 | $5,737 |
| No Stafford loan this year | 19 | $4,000 |
The indicators below describe what the typical debt costs to pay back at Allen School - Brooklyn.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Allen School - Brooklyn is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 16.8% |
| Borrowers in the cohort | 1404 |
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 | $9,500 |
| Middle income | $6,247 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,343 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Allen School - Brooklyn.
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?
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.