by our College Data Analytics TeamBelow is federal data on the loans students use to pay for American Medical Sciences Center— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
Among first-year students at American Medical Sciences Center, 81% of new students use loans toward freshman-year expenses, borrowing on average $4,510 per student, private and federal loans combined.
Federal loans alone average $4,510, equal to roughly 82.0% of the $5,500 first-year federal borrowing limit for a 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.
For undergraduates overall at American Medical Sciences Center, 80% finance part of their studies with federal loans, borrowing on average $5,047 a year. This works out to 11.9% above the $4,510 freshmen take on.
Borrowing the same amount each year would add up to roughly $10,094 by year two and around $20,188 across a four-year program. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 80% |
| Average federal loan per year | $5,047 |
| Undergraduates with a federal loan | 316 |
| Total federal loans (one year) | $1,594,765 |
The median student at American Medical Sciences Center borrows $15,418 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,418 |
Half of all borrowers fall between the 25th and 75th percentiles shown below for American Medical Sciences Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $13,376 |
| 75th percentile | $16,303 |
Repayment burden translates the debt figures into what a borrower actually pays each month. American Medical Sciences Center.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for American Medical Sciences Center follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 1 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Subsidized and 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.
Worth Knowing
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.