by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Auguste Escoffier School of Culinary Arts-Boulder: 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.
At Escoffier - Boulder, 72% of freshmen borrow to help pay for their first year, at roughly $6,036 per borrower, covering both private and federal loans.
Federal loans alone average $6,036. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Escoffier - Boulder, freshmen included, 65% use federal student loans to help pay for their education, at an average of $6,684 annually. This works out to 10.7% above the $6,036 borrowed by freshmen.
At a steady annual pace, that totals around $13,368 in two years and roughly $26,736 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 65% |
| Average federal loan per year | $6,684 |
| Undergraduates with a federal loan | 9,323 |
| Total federal loans (one year) | $62,314,140 |
Graduating and withdrawing students at Escoffier - Boulder carry a median federal debt of $7,619 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,619 |
| Students who completed (graduates) | $9,653 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Escoffier - Boulder.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,309 |
| 25th percentile | $4,750 |
| 75th percentile | $12,981 |
| 90th percentile (highest-debt students) | $13,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Escoffier - Boulder.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Escoffier - Boulder.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 479 | $7,700 |
| Completed (graduates) | 213 | $8,552 |
| Did not complete | 266 | $6,815 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $101.69/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 Escoffier - Boulder.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 461 | — |
| No Stafford loan | 18 | — |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 346 | $7,731 |
| No Stafford loan this year | 133 | $7,652 |
These figures turn the debt totals into a monthly repayment picture for Escoffier - Boulder.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Escoffier - Boulder follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 10 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,307 |
| Middle income | $8,782 |
| High income | $9,236 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,577 |
| Continuing-generation students | $7,814 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,347 |
| Independent students | $8,438 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Escoffier - Boulder.
The Difference Between 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.
Did You Know?
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.