by our College Data Analytics TeamThis page focuses on the debt students take on to attend American Academy of Dramatic Arts-New York— 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.
At American Academy of Dramatic Arts - New York, 77% of first-year students take on loan debt, borrowing on average $10,778 each — a figure that counts both private and federal student loans.
On the federal side, the average loan is $5,827. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at American Academy of Dramatic Arts - New York, 51% use federal student loans to help pay for their education, at an average of $6,499 in federal loans per year. That is 11.5% above the $5,827 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $12,998 after two years and $25,996 by the fourth year. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 51% |
| Average federal loan per year | $6,499 |
| Undergraduates with a federal loan | 115 |
| Total federal loans (one year) | $747,352 |
The median student at American Academy of Dramatic Arts - New York borrows $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Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for American Academy of Dramatic Arts - New York.
| 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 - New York.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at American Academy of Dramatic Arts - New York.
| 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 - New York.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for American Academy of Dramatic Arts - New York appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.4% |
| Borrowers in the cohort | 238 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $12,000 |
| High income | $12,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $20,000 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at American Academy of Dramatic Arts - New York.
Subsidized vs. 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.
Important to Remember
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.