by our College Data Analytics TeamHere you will find what students actually borrow to attend Cincinnati College of Mortuary Science— 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.
Counting every undergraduate at Cincinnati College of Mortuary Science, 66% take out federal student loans, at an average of $8,799 each per year.
At a steady annual pace, that totals around $17,598 after two years and $35,196 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 66% |
| Average federal loan per year | $8,799 |
| Undergraduates with a federal loan | 68 |
| Total federal loans (one year) | $598,350 |
Graduating and withdrawing students at Cincinnati College of Mortuary Science carry a median federal debt of $15,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,000 |
| Students who completed (graduates) | $15,000 |
Half of all borrowers fall between the 25th and 75th percentiles shown below for Cincinnati College of Mortuary Science.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $7,000 |
| 25th percentile | $12,500 |
| 75th percentile | $24,596 |
| 90th percentile (highest-debt students) | $25,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Cincinnati College of Mortuary Science.
The indicators below describe what the typical debt costs to pay back at Cincinnati College of Mortuary Science.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Cincinnati College of Mortuary Science appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.8% |
| Borrowers in the cohort | 68 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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 | $21,407 |
| Middle income | $14,744 |
| High income | $15,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $15,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,788 |
| Independent students | $22,828 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Cincinnati College of Mortuary Science.
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.
Important to Remember
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.