by our College Data Analytics TeamHere you will find what students actually borrow to attend Allen School - Phoenix— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
For incoming students at Allen School - Phoenix, 70% of new students use loans toward freshman-year expenses, with a typical loan of $5,507 per student, private and federal loans combined.
On the federal side, the average loan is $5,507. This meets or exceeds the $5,500 cap on first-year federal borrowing 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.
Among all degree-seeking undergrads at Allen School - Phoenix, 76% finance part of their studies with federal loans, borrowing on average $6,174 in federal loans per year. That is 12.1% greater than the $5,507 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $12,348 in two years and roughly $24,696 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 76% |
| Average federal loan per year | $6,174 |
| Undergraduates with a federal loan | 25 |
| Total federal loans (one year) | $154,345 |
Graduating and withdrawing students at Allen School - Phoenix carry a median federal debt of $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.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Allen School - Phoenix.
| 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 gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Allen School - Phoenix.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Allen School - Phoenix.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 252 | $5,737 |
| Completed (graduates) | 177 | $5,737 |
| Did not complete | 75 | $4,931 |
On a standard 10-year plan, the median completing borrower would pay about $68.22/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 Allen School - Phoenix.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 233 | $5,737 |
| No Stafford loan this year | 19 | $4,000 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Allen School - Phoenix.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Allen School - Phoenix 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 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,343 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Allen School - Phoenix.
Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
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.