by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Carrington College-Sacramento, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Carrington College, Sacramento, 74% of incoming students take out a loan to help cover first-year costs, with a typical loan of $8,023 each — a figure that counts both private and federal student loans.
The average federal loan is $7,470. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Across the full undergraduate body at Carrington College, Sacramento (freshmen included), 64% rely on federal student loans toward their education, at an average of $6,556 in federal loans per year. This works out to 12.2% smaller than the $7,470 freshmen take on.
Carrying that yearly figure forward comes to roughly $13,112 in two years and roughly $26,224 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 | 64% |
| Average federal loan per year | $6,556 |
| Undergraduates with a federal loan | 2,333 |
| Total federal loans (one year) | $15,295,770 |
Graduating and withdrawing students at Carrington College, Sacramento carry a median federal debt of $10,460 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $10,460 |
| Students who completed (graduates) | $11,537 |
| Students who withdrew | $5,825 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Carrington College, Sacramento.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,052 |
| 25th percentile | $7,376 |
| 75th percentile | $16,679 |
| 90th percentile (highest-debt students) | $23,125 |
How wide this percentile range is tells you how much borrowing varies across students at Carrington College, Sacramento.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Carrington College, Sacramento.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 651 | $9,948 |
| Completed (graduates) | 480 | $10,687 |
| Did not complete | 171 | $5,796 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $127.08/mo.
Federal data lets us separate Stafford borrowers from the rest at Carrington College, Sacramento.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 600 | $9,955 |
| No Stafford loan this year | 51 | $8,006 |
The indicators below describe what the typical debt costs to pay back at Carrington College, Sacramento.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Carrington College, Sacramento is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.2% |
| Borrowers in the cohort | 5346 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,375 |
| Middle income | $10,500 |
| High income | $10,813 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,339 |
| Continuing-generation students | $11,445 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $10,813 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Carrington College, Sacramento.
Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
Worth Knowing
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.