by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Cleveland Clinic Health System-School of Diagnostic Imaging— 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.
For undergraduates overall at Cleveland Clinic Health System-School of Diagnostic Imaging, 55% take out federal student loans, averaging $3,794 a year.
Carrying that yearly figure forward comes to roughly $7,588 after two years and $15,176 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 55% |
| Average federal loan per year | $3,794 |
| Undergraduates with a federal loan | 16 |
| Total federal loans (one year) | $60,710 |
Graduating and withdrawing students at Cleveland Clinic Health System-School of Diagnostic Imaging carry a median federal debt of $11,658 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $11,658 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Cleveland Clinic Health System-School of Diagnostic Imaging.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Cleveland Clinic Health System-School of Diagnostic Imaging is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 12 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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.
Did You Know?
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.