by our College Data Analytics TeamThis page focuses on the debt students take on to attend City Colleges of Chicago-Harry S Truman College: 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.
Looking at the entering class at Harry S Truman College, 0% of first-year students take on loan debt, for an average of $7,720 per student, private and federal loans combined.
The typical federal loan comes to $7,720. This meets or exceeds the $5,500 cap on first-year federal borrowing 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.
For undergraduates overall at Harry S Truman College, 2% rely on federal student loans toward their education, for a typical $6,433 annually. This is 16.7% smaller than the $7,720 freshmen take on.
Repeating that yearly amount projects to about $12,866 by year two and around $25,732 across a four-year program. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 2% |
| Average federal loan per year | $6,433 |
| Undergraduates with a federal loan | 56 |
| Total federal loans (one year) | $360,239 |
The median student at Harry S Truman College borrows $5,524 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,524 |
| Students who completed (graduates) | $6,997 |
| Students who withdrew | $5,300 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Harry S Truman College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,601 |
| 75th percentile | $9,147 |
| 90th percentile (highest-debt students) | $15,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Harry S Truman College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Harry S Truman College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 266 | $16,212 |
| Completed (graduates) | 62 | $14,296 |
| Did not complete | 204 | $16,982 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $169.99/mo.
Federal data lets us separate Stafford borrowers from the rest at Harry S Truman College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 21 | $9,500 |
| No Stafford loan this year | 245 | $17,068 |
These figures turn the debt totals into a monthly repayment picture for Harry S Truman College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Harry S Truman College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 11 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,360 |
| Middle income | $5,981 |
| High income | $5,658 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $4,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,385 |
| Independent students | $6,690 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Harry S Truman College.
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
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.