by our College Data Analytics TeamHere you will find what students actually borrow to attend American Musical and Dramatic Academy— 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.
Looking at the entering class at American Musical and Dramatic Academy, 68% of first-year students take on loan debt, borrowing on average $10,752 each, across private and federal loan sources.
The typical federal loan comes to $5,668. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
For undergraduates overall at American Musical and Dramatic Academy, 59% use federal student loans to help pay for their education, for a typical $7,358 a year. That is 29.8% higher than the freshman federal average of $5,668.
Borrowing the same amount each year would add up to roughly $14,716 across two years and $29,432 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 59% |
| Average federal loan per year | $7,358 |
| Undergraduates with a federal loan | 884 |
| Total federal loans (one year) | $6,504,035 |
Graduating and withdrawing students at American Musical and Dramatic Academy carry a median federal debt of $12,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,000 |
| Students who completed (graduates) | $15,250 |
| Students who withdrew | $5,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for American Musical and Dramatic Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $9,500 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $27,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at American Musical and Dramatic Academy.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at American Musical and Dramatic Academy.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 777 | $69,685 |
| Completed (graduates) | 578 | $78,000 |
| Did not complete | 199 | $37,982 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $927.5/mo.
Federal data lets us separate Stafford borrowers from the rest at American Musical and Dramatic Academy.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 747 | $70,000 |
| No Stafford loan | 30 | $33,262 |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 746 | $70,035 |
| No Stafford loan this year | 31 | $29,453 |
Repayment burden translates the debt figures into what a borrower actually pays each month. American Musical and Dramatic Academy.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for American Musical and Dramatic Academy follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.2% |
| Borrowers in the cohort | 519 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $12,000 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Borrowing
| 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 | $19,820 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at American Musical and Dramatic Academy.
The Difference Between Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Did You Know?
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.