by our College Data Analytics TeamBelow is federal data on the loans students use to pay for California Miramar University: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at California Miramar University, 100% of new students use loans toward freshman-year expenses, with a typical loan of $6,134 per borrower, covering both private and federal loans.
On the federal side, the average loan is $6,134. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Across the full undergraduate body at California Miramar University (freshmen included), 48% take out federal student loans, at an average of $6,371 a year. This is 3.9% larger than the first-year federal average of $6,134.
Repeating that yearly amount projects to about $12,742 in two years and roughly $25,484 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 48% |
| Average federal loan per year | $6,371 |
| Undergraduates with a federal loan | 32 |
| Total federal loans (one year) | $203,881 |
Graduating and withdrawing students at California Miramar University carry a median federal debt of $12,664 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,664 |
| Students who completed (graduates) | $31,000 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 California Miramar University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $2,750 |
| 75th percentile | $5,500 |
These figures turn the debt totals into a monthly repayment picture for California Miramar University.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $13,825 |
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
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.