by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Bay Area Medical Academy: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Looking at the entering class at Bay Area Medical Academy, 22% of incoming students take out a loan to help cover first-year costs, averaging $6,456 per borrower, covering both private and federal loans.
On the federal side, the average loan is $6,456. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at Bay Area Medical Academy, 24% borrow through federal student loan programs, with a mean of $6,562 each per year. That amounts to 1.6% more than the $6,456 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $13,124 across two years and $26,248 by the fourth year. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 24% |
| Average federal loan per year | $6,562 |
| Undergraduates with a federal loan | 73 |
| Total federal loans (one year) | $478,998 |
Graduating and withdrawing students at Bay Area Medical Academy carry a median federal debt of $8,291 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,291 |
| Students who completed (graduates) | $9,089 |
| Students who withdrew | $4,737 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Bay Area Medical Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,155 |
| 25th percentile | $4,649 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Bay Area Medical Academy.
Repayment burden translates the debt figures into what a borrower actually pays each month. Bay Area Medical Academy.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,791 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,010 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Bay Area Medical Academy.
Subsidized vs. 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.
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.