by our College Data Analytics TeamHere you will find what students actually borrow to attend ASI Career Institute, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at ASI Career Institute, 85% of freshmen borrow to help pay for their first year, with a typical loan of $4,260 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $5,558. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Across the full undergraduate body at ASI Career Institute (freshmen included), 41% rely on federal student loans toward their education, borrowing on average $5,610 annually. That amounts to 0.9% greater than the $5,558 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $11,220 by year two and around $22,440 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 41% |
| Average federal loan per year | $5,610 |
| Undergraduates with a federal loan | 68 |
| Total federal loans (one year) | $381,467 |
The middle borrower at ASI Career Institute owes $6,333 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for ASI Career Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $4,123 |
| 75th percentile | $6,333 |
| 90th percentile (highest-debt students) | $6,333 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at ASI Career Institute.
Repayment burden translates the debt figures into what a borrower actually pays each month. ASI Career Institute.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
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.
Important to Remember
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.