by our College Data Analytics TeamThis page focuses on the debt students take on to attend Aviation Institute of Maintenance - Chesapeake: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
At Aviation Institute of Maintenance - Chesapeake, 60% of first-year students take on loan debt, with a typical loan of $8,043 each, across private and federal loan sources.
On the federal side, the average loan is $6,977. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Across the full undergraduate body at Aviation Institute of Maintenance - Chesapeake (freshmen included), 17% borrow through federal student loan programs, for a typical $9,235 per year. This is 32.4% more than the $6,977 borrowed by freshmen.
Carrying that yearly figure forward comes to roughly $18,470 over two years and about $36,940 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 17% |
| Average federal loan per year | $9,235 |
| Undergraduates with a federal loan | 41 |
| Total federal loans (one year) | $378,653 |
The middle borrower at Aviation Institute of Maintenance - Chesapeake owes $19,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $19,500 |
| Students who completed (graduates) | $29,375 |
| Students who withdrew | $8,374 |
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 Aviation Institute of Maintenance - Chesapeake.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,343 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $20,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Aviation Institute of Maintenance - Chesapeake.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Aviation Institute of Maintenance - Chesapeake.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 37 | $11,513 |
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Aviation Institute of Maintenance - Chesapeake.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 27 | — |
| No Stafford loan this year | 10 | — |
Repayment burden translates the debt figures into what a borrower actually pays each month. Aviation Institute of Maintenance - Chesapeake.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Aviation Institute of Maintenance - Chesapeake follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 29.6% |
| Borrowers in the cohort | 189 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $19,625 |
| Middle income | $19,500 |
| High income | $16,212 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $18,234 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,353 |
| Independent students | $26,250 |
Federal data publishes the following gap measures for Aviation Institute of Maintenance - Chesapeake.
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.