by our College Data Analytics TeamBelow is federal data on the loans students use to pay for American Medical Academy: 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.
For incoming students at American Medical Academy, 0% of freshmen borrow to help pay for their first year.
Across the full undergraduate body at American Medical Academy (freshmen included), 13% finance part of their studies with federal loans, averaging $7,541 annually.
Borrowing at that rate every year works out to about $15,082 after two years and $30,164 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 | 13% |
| Average federal loan per year | $7,541 |
| Undergraduates with a federal loan | 71 |
| Total federal loans (one year) | $535,415 |
The median student at American Medical Academy borrows $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $10,831 |
| Students who withdrew | $5,760 |
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 Medical Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,649 |
| 75th percentile | $11,046 |
| 90th percentile (highest-debt students) | $15,248 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at American Medical Academy.
Repayment burden translates the debt figures into what a borrower actually pays each month. American Medical Academy.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,866 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,302 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $12,090 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at American Medical Academy.
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.
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.