by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Career Care Institute— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
Looking at the entering class at Career Care Institute, 81% of incoming undergraduates borrow in year one, at roughly $7,223 per student, private and federal loans combined.
The average federal loan is $7,223. That sits at or beyond the $5,500 first-year federal limit 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.
Across the full undergraduate body at Career Care Institute (freshmen included), 63% borrow through federal student loan programs, borrowing on average $7,372 a year. That is 2.1% above the $7,223 typical freshmen borrow.
At a steady annual pace, that totals around $14,744 in two years and roughly $29,488 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 63% |
| Average federal loan per year | $7,372 |
| Undergraduates with a federal loan | 619 |
| Total federal loans (one year) | $4,563,269 |
Graduating and withdrawing students at Career Care Institute carry a median federal debt of $10,296 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $10,296 |
| Students who completed (graduates) | $16,625 |
| Students who withdrew | $4,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Career Care Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,800 |
| 25th percentile | $5,250 |
| 75th percentile | $17,246 |
| 90th percentile (highest-debt students) | $17,246 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Career Care Institute.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Career Care Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 122 | $9,662 |
| Completed (graduates) | 99 | $10,591 |
| Did not complete | 23 | $4,900 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $125.94/mo.
The indicators below describe what the typical debt costs to pay back at Career Care Institute.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Career Care Institute follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.6% |
| Borrowers in the cohort | 426 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $10,296 |
| Middle income | $10,296 |
| High income | $10,296 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,296 |
| Continuing-generation students | $12,034 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,067 |
| Independent students | $15,016 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Career Care Institute.
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.
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.