by our College Data Analytics TeamHere you will find what students actually borrow to attend Coba Academy— 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.
At Coba Academy specifically, 77% of first-year students take on loan debt, with a typical loan of $6,969 each — a figure that counts both private and federal student loans.
The average federal loan is $6,969. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at Coba Academy, 66% rely on federal student loans toward their education, borrowing on average $5,712 a year. That amounts to 18.0% lower than the $6,969 borrowed by freshmen.
Borrowing at that rate every year works out to about $11,424 over two years and about $22,848 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 66% |
| Average federal loan per year | $5,712 |
| Undergraduates with a federal loan | 128 |
| Total federal loans (one year) | $731,122 |
The median student at Coba Academy borrows $6,333 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $6,311 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Coba Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,632 |
| 75th percentile | $13,561 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Coba Academy.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Coba Academy is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.9% |
| Borrowers in the cohort | 68 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,226 |
| Independent students | $6,333 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Coba Academy.
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?
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.