by our College Data Analytics TeamThis page focuses on the debt students take on to attend Bryant & Stratton College-Parma, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Bryant & Stratton College - Parma specifically, 71% of freshmen borrow to help pay for their first year, at roughly $5,753 each — a figure that counts both private and federal student loans.
The average federally funded loan is $5,238, which is 95.2% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Among all degree-seeking undergrads at Bryant & Stratton College - Parma, 79% borrow through federal student loan programs, at an average of $6,481 per year. This is 23.7% larger than the freshman federal average of $5,238.
Repeating that yearly amount projects to about $12,962 across two years and $25,924 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 79% |
| Average federal loan per year | $6,481 |
| Undergraduates with a federal loan | 448 |
| Total federal loans (one year) | $2,903,670 |
The middle borrower at Bryant & Stratton College - Parma owes $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $21,549 |
| Students who withdrew | $7,155 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Bryant & Stratton College - Parma.
| 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 gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Bryant & Stratton College - Parma.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Bryant & Stratton College - Parma.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1539 | $7,900 |
| Completed (graduates) | 531 | $9,064 |
| Did not complete | 1008 | $7,468 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $107.78/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Bryant & Stratton College - Parma.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1516 | $7,915 |
| No Stafford loan | 23 | $4,000 |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1380 | $7,733 |
| No Stafford loan this year | 159 | $9,850 |
The indicators below describe what the typical debt costs to pay back at Bryant & Stratton College - Parma.
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 - Parma is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.6% |
| Borrowers in the cohort | 9727 |
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 | $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 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Bryant & Stratton College - Parma.
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
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.