by our College Data Analytics TeamBelow is federal data on the loans students use to pay for California Institute of Arts & Technology— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at California Institute of Arts & Technology, 9% of new students use loans toward freshman-year expenses, with a typical loan of $7,804 each, across private and federal loan sources.
Federal loans alone average $7,804. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Among all degree-seeking undergrads at California Institute of Arts & Technology, 8% take out federal student loans, averaging $8,526 annually. That amounts to 9.3% larger than the $7,804 freshmen take on.
Carrying that yearly figure forward comes to roughly $17,052 after two years and $34,104 over a four-year span. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 8% |
| Average federal loan per year | $8,526 |
| Undergraduates with a federal loan | 47 |
| Total federal loans (one year) | $400,706 |
The middle borrower at California Institute of Arts & Technology owes $4,750 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $4,750 |
| Students who completed (graduates) | $22,209 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Repayment burden translates the debt figures into what a borrower actually pays each month. California Institute of Arts & Technology.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,750 |
| Continuing-generation students | $5,101 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,505 |
| Independent students | $5,116 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at California Institute of Arts & Technology.
The Difference Between 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.
Important to Remember
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.