by our College Data Analytics TeamThis page focuses on the debt students take on to attend American Academy of Dramatic Arts-Los Angeles: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at American Academy of Dramatic Arts - Los Angeles, 45% of new students use loans toward freshman-year expenses, at roughly $11,241 per student, private and federal loans combined.
The average federally funded loan is $5,330, or about 96.9% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
For undergraduates overall at American Academy of Dramatic Arts - Los Angeles, 49% take out federal student loans, with a mean of $6,666 each per year. That amounts to 25.1% more than the $5,330 borrowed by freshmen.
At a steady annual pace, that totals around $13,332 in two years and roughly $26,664 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 49% |
| Average federal loan per year | $6,666 |
| Undergraduates with a federal loan | 82 |
| Total federal loans (one year) | $546,596 |
The middle borrower at American Academy of Dramatic Arts - Los Angeles owes $12,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,000 |
| Students who completed (graduates) | $12,000 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 American Academy of Dramatic Arts - Los Angeles.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $5,500 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $20,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at American Academy of Dramatic Arts - Los Angeles.
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 American Academy of Dramatic Arts - Los Angeles.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 138 | $49,646 |
| Completed (graduates) | 95 | $66,297 |
| Did not complete | 43 | $32,830 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $788.34/mo.
The indicators below describe what the typical debt costs to pay back at American Academy of Dramatic Arts - Los Angeles.
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 American Academy of Dramatic Arts - Los Angeles follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.4% |
| Borrowers in the cohort | 238 |
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 | $12,000 |
| Middle income | $12,000 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $20,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at American Academy of Dramatic Arts - Los Angeles.
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.
Important to Remember
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.