by our College Data Analytics TeamHere you will find what students actually borrow to attend Carlson College of Massage Therapy: 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.
For incoming students at Carlson College of Massage Therapy, 64% of incoming students take out a loan to help cover first-year costs, borrowing on average $7,730 per student, private and federal loans combined.
On the federal side, the average loan is $7,730. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at Carlson College of Massage Therapy, 68% rely on federal student loans toward their education, with a mean of $7,284 each per year. This is 5.8% under the first-year federal average of $7,730.
At a steady annual pace, that totals around $14,568 in two years and roughly $29,136 across a four-year program. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 68% |
| Average federal loan per year | $7,284 |
| Undergraduates with a federal loan | 27 |
| Total federal loans (one year) | $196,662 |
The median student at Carlson College of Massage Therapy borrows $4,736 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $4,736 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Carlson College of Massage Therapy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,278 |
| 75th percentile | $8,181 |
The indicators below describe what the typical debt costs to pay back at Carlson College of Massage Therapy.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Carlson College of Massage Therapy follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.1% |
| Borrowers in the cohort | 32 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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.
Worth Knowing
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.