by our College Data Analytics TeamThis page focuses on the debt students take on to attend American Career College-Ontario: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Among first-year students at American Career College - Ontario, 88% of incoming students take out a loan to help cover first-year costs, averaging $12,176 each, across private and federal loan sources.
On the federal side, the average loan is $8,044. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Counting every undergraduate at American Career College - Ontario, 68% take out federal student loans, borrowing on average $8,024 each per year. This works out to 0.2% less than the freshman federal average of $8,044.
Carrying that yearly figure forward comes to roughly $16,048 over two years and about $32,096 by the fourth year. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 68% |
| Average federal loan per year | $8,024 |
| Undergraduates with a federal loan | 2,157 |
| Total federal loans (one year) | $17,307,464 |
The middle borrower at American Career College - Ontario owes $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $5,500 |
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 American Career College - Ontario.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,522 |
| 25th percentile | $5,500 |
| 75th percentile | $16,000 |
| 90th percentile (highest-debt students) | $19,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at American Career College - Ontario.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for American Career College - Ontario.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 286 | $12,038 |
| Completed (graduates) | 217 | $13,263 |
| Did not complete | 69 | $8,778 |
On a standard 10-year plan, the median completing borrower would pay about $157.71/mo.
Federal data lets us separate Stafford borrowers from the rest at American Career College - Ontario.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 271 | — |
| No Stafford loan this year | 15 | — |
These figures turn the debt totals into a monthly repayment picture for American Career College - Ontario.
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 American Career College - Ontario appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.6% |
| Borrowers in the cohort | 1272 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $10,338 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $13,047 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,180 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for American Career College - Ontario.
Subsidized vs. 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.