by our College Data Analytics TeamHere you will find what students actually borrow to attend Compass Career College, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Compass Career College, 79% of first-year students take on loan debt, for an average of $6,564 each — a figure that counts both private and federal student loans.
The average federal loan is $6,564. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at Compass Career College, 62% borrow through federal student loan programs, at an average of $7,044 a year. It comes to 7.3% above the $6,564 borrowed by freshmen.
At a steady annual pace, that totals around $14,088 in two years and roughly $28,176 across a four-year program. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 62% |
| Average federal loan per year | $7,044 |
| Undergraduates with a federal loan | 180 |
| Total federal loans (one year) | $1,267,940 |
The middle borrower at Compass Career College owes $7,451 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,451 |
| Students who completed (graduates) | $7,917 |
| Students who withdrew | $3,959 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Compass Career College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,987 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $16,500 |
How wide this percentile range is tells you how much borrowing varies across students at Compass Career College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Compass Career College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 39 | $2,914 |
These figures turn the debt totals into a monthly repayment picture for Compass Career 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 Compass Career College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.5% |
| Borrowers in the cohort | 132 |
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 | $7,583 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,451 |
| Continuing-generation students | $7,790 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,584 |
| Independent students | $7,790 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Compass Career College.
Subsidized vs. 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.
Worth Knowing
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.