by our College Data Analytics TeamHere you will find what students actually borrow to attend Concorde Career College-Southaven— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Concorde Career College - Southaven, 82% of freshmen borrow to help pay for their first year, for an average of $7,038 per student, private and federal loans combined.
Federal loans alone average $6,690. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Across the full undergraduate body at Concorde Career College - Southaven (freshmen included), 83% use federal student loans to help pay for their education, borrowing on average $6,564 in federal loans per year. This works out to 1.9% below the $6,690 borrowed by freshmen.
Borrowing at that rate every year works out to about $13,128 in two years and roughly $26,256 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 83% |
| Average federal loan per year | $6,564 |
| Undergraduates with a federal loan | 308 |
| Total federal loans (one year) | $2,021,711 |
Graduating and withdrawing students at Concorde Career College - Southaven carry a median federal debt of $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Concorde Career College - Southaven.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,000 |
| 75th percentile | $11,113 |
| 90th percentile (highest-debt students) | $21,094 |
How wide this percentile range is tells you how much borrowing varies across students at Concorde Career College - Southaven.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Concorde Career College - Southaven.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 378 | $7,019 |
| Completed (graduates) | 243 | $8,000 |
| Did not complete | 135 | $5,628 |
On a standard 10-year plan, the median completing borrower would pay about $95.13/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Concorde Career College - Southaven.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 361 | — |
| No Stafford loan | 17 | — |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 317 | $7,676 |
| No Stafford loan this year | 61 | $4,601 |
The indicators below describe what the typical debt costs to pay back at Concorde Career College - Southaven.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Concorde Career College - Southaven is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.8% |
| Borrowers in the cohort | 1213 |
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.
By Family Income
| 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 | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,749 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Concorde Career College - Southaven.
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.
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.