by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Bryant & Stratton College-Albany: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
At Bryant & Stratton College - Albany specifically, 62% of freshmen borrow to help pay for their first year, borrowing on average $5,887 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $5,887. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Across the full undergraduate body at Bryant & Stratton College - Albany (freshmen included), 72% rely on federal student loans toward their education, averaging $6,075 annually. This is 3.2% larger than the first-year federal average of $5,887.
Carrying that yearly figure forward comes to roughly $12,150 over two years and about $24,300 over four years. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 72% |
| Average federal loan per year | $6,075 |
| Undergraduates with a federal loan | 176 |
| Total federal loans (one year) | $1,069,270 |
The median student at Bryant & Stratton College - Albany borrows $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $21,549 |
| Students who withdrew | $7,155 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Bryant & Stratton College - Albany.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $21,331 |
| 90th percentile (highest-debt students) | $31,573 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Bryant & Stratton College - Albany.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Bryant & Stratton College - Albany.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1539 | $7,900 |
| Completed (graduates) | 531 | $9,064 |
| Did not complete | 1008 | $7,468 |
On a standard 10-year plan, the median completing borrower would pay about $107.78/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Bryant & Stratton College - Albany.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1516 | $7,915 |
| No Stafford loan | 23 | $4,000 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1380 | $7,733 |
| No Stafford loan this year | 159 | $9,850 |
These figures turn the debt totals into a monthly repayment picture for Bryant & Stratton College - Albany.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Bryant & Stratton College - Albany follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.6% |
| Borrowers in the cohort | 9727 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $12,200 |
| High income | $9,694 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $10,936 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,500 |
| Independent students | $11,946 |
Federal data publishes the following gap measures for Bryant & Stratton College - Albany.
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?
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.