by our College Data Analytics TeamHere you will find what students actually borrow to attend Cayce/Reilly School of Massage— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Cayce/Reilly School of Massage, 71% of incoming undergraduates borrow in year one, for an average of $4,506 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $4,506, or about 81.9% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Among all degree-seeking undergrads at Cayce/Reilly School of Massage, 74% use federal student loans to help pay for their education, borrowing on average $8,032 a year. That is 78.3% higher than the $4,506 typical freshmen borrow.
Repeating that yearly amount projects to about $16,064 across two years and $32,128 over four years. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 74% |
| Average federal loan per year | $8,032 |
| Undergraduates with a federal loan | 28 |
| Total federal loans (one year) | $224,892 |
Graduating and withdrawing students at Cayce/Reilly School of Massage carry a median federal debt of $7,389 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,389 |
Half of all borrowers fall between the 25th and 75th percentiles shown below for Cayce/Reilly School of Massage.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,278 |
| 75th percentile | $7,389 |
These figures turn the debt totals into a monthly repayment picture for Cayce/Reilly School of Massage.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Cayce/Reilly School of Massage follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.0% |
| Borrowers in the cohort | 33 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The Difference Between 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
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.