by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Concorde Career College-Kansas City: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Among first-year students at Concorde Career Colleges, 72% of new students use loans toward freshman-year expenses, with a typical loan of $8,199 each, across private and federal loan sources.
The average federally funded loan is $7,136. That is at or past the $5,500 federal first-year limit for 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.
For undergraduates overall at Concorde Career Colleges, 71% finance part of their studies with federal loans, borrowing on average $7,391 annually. It comes to 3.6% higher than the first-year federal average of $7,136.
Carrying that yearly figure forward comes to roughly $14,782 across two years and $29,564 by the fourth year. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 71% |
| Average federal loan per year | $7,391 |
| Undergraduates with a federal loan | 674 |
| Total federal loans (one year) | $4,981,475 |
The median student at Concorde Career Colleges borrows $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 |
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 Colleges.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,819 |
| 25th percentile | $6,000 |
| 75th percentile | $11,253 |
| 90th percentile (highest-debt students) | $24,375 |
How wide this percentile range is tells you how much borrowing varies across students at Concorde Career Colleges.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Concorde Career Colleges.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 324 | $8,326 |
| Completed (graduates) | 256 | $9,292 |
| Did not complete | 68 | $5,654 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $110.49/mo.
Federal data lets us separate Stafford borrowers from the rest at Concorde Career Colleges.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 305 | $8,818 |
| No Stafford loan | 19 | $3,635 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 288 | $8,987 |
| No Stafford loan this year | 36 | $4,383 |
The indicators below describe what the typical debt costs to pay back at Concorde Career Colleges.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Concorde Career Colleges is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.2% |
| Borrowers in the cohort | 846 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $10,503 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Concorde Career Colleges.
Subsidized vs. 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.
Important to Remember
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.