by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Concorde Career College-Aurora: 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.
At Concorde Career College - Aurora specifically, 77% of first-year students take on loan debt, for an average of $8,128 per borrower, covering both private and federal loans.
On the federal side, the average loan is $6,587. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Across the full undergraduate body at Concorde Career College - Aurora (freshmen included), 74% take out federal student loans, at an average of $7,293 per year. It comes to 10.7% greater than the freshman federal average of $6,587.
Borrowing at that rate every year works out to about $14,586 in two years and roughly $29,172 over a four-year span. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 74% |
| Average federal loan per year | $7,293 |
| Undergraduates with a federal loan | 551 |
| Total federal loans (one year) | $4,018,451 |
The middle borrower at Concorde Career College - Aurora owes $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $5,500 |
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 Concorde Career College - Aurora.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,748 |
| 25th percentile | $6,003 |
| 75th percentile | $15,327 |
| 90th percentile (highest-debt students) | $20,892 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Concorde Career College - Aurora.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Concorde Career College - Aurora.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 326 | $9,000 |
| Completed (graduates) | 237 | $9,848 |
| Did not complete | 89 | $7,694 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $117.1/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Concorde Career College - Aurora.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 299 | $9,096 |
| No Stafford loan this year | 27 | $7,634 |
These figures turn the debt totals into a monthly repayment picture for Concorde Career College - Aurora.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Concorde Career College - Aurora appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.8% |
| Borrowers in the cohort | 818 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $9,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $13,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Concorde Career College - Aurora.
Subsidized vs. Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
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.