by our College Data Analytics TeamThis page focuses on the debt students take on to attend Carrington College-Las Vegas, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Carrington College, Las Vegas, 87% of freshmen borrow to help pay for their first year, with a typical loan of $8,044 each — a figure that counts both private and federal student loans.
Federal loans alone average $7,610. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Looking at all undergraduates at Carrington College, Las Vegas, freshmen included, 78% rely on federal student loans toward their education, averaging $7,927 per year. That is 4.2% greater than the $7,610 freshmen take on.
Borrowing at that rate every year works out to about $15,854 after two years and $31,708 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 78% |
| Average federal loan per year | $7,927 |
| Undergraduates with a federal loan | 436 |
| Total federal loans (one year) | $3,456,266 |
The median student at Carrington College, Las Vegas borrows $9,298 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,298 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,845 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Carrington College, Las Vegas.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,166 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $22,201 |
How wide this percentile range is tells you how much borrowing varies across students at Carrington College, Las Vegas.
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 Carrington College, Las Vegas.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 359 | $6,804 |
| Completed (graduates) | 248 | $8,060 |
| Did not complete | 111 | $4,268 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $95.84/mo.
Federal data lets us separate Stafford borrowers from the rest at Carrington College, Las Vegas.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 333 | $6,804 |
| No Stafford loan this year | 26 | $6,775 |
These figures turn the debt totals into a monthly repayment picture for Carrington College, Las Vegas.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Carrington College, Las Vegas is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.4% |
| Borrowers in the cohort | 4002 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,229 |
| Middle income | $9,496 |
| High income | $9,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,240 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,555 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Carrington College, Las Vegas.
Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Important to Remember
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.