by our College Data Analytics TeamThis page focuses on the debt students take on to attend American Institute-Cherry Hill: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
For incoming students at American Institute-Cherry Hill, 98% of first-year students take on loan debt, borrowing on average $7,676 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $6,470. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Across the full undergraduate body at American Institute-Cherry Hill (freshmen included), 95% finance part of their studies with federal loans, averaging $6,729 each per year. This works out to 4.0% larger than the $6,470 borrowed by freshmen.
Carrying that yearly figure forward comes to roughly $13,458 in two years and roughly $26,916 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 95% |
| Average federal loan per year | $6,729 |
| Undergraduates with a federal loan | 596 |
| Total federal loans (one year) | $4,010,548 |
The median student at American Institute-Cherry Hill borrows $9,304 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,304 |
| Students who completed (graduates) | $11,979 |
| Students who withdrew | $5,490 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at American Institute-Cherry Hill.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,982 |
| 75th percentile | $11,206 |
| 90th percentile (highest-debt students) | $13,300 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at American Institute-Cherry Hill.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at American Institute-Cherry Hill.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 237 | $6,383 |
| Completed (graduates) | 115 | $7,682 |
| Did not complete | 122 | $5,594 |
On a standard 10-year plan, the median completing borrower would pay about $91.35/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 American Institute-Cherry Hill.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 206 | $6,637 |
| No Stafford loan this year | 31 | $4,919 |
Repayment burden translates the debt figures into what a borrower actually pays each month. American Institute-Cherry Hill.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for American Institute-Cherry Hill appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.5% |
| Borrowers in the cohort | 759 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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 | $8,521 |
| High income | $9,022 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,300 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,483 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at American Institute-Cherry Hill.
The Difference Between 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.
Worth Knowing
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.