by our College Data Analytics TeamHere you will find what students actually borrow to attend Concorde Career Institute-Jacksonville— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Concorde Career Institute - Jacksonville, 75% of new students use loans toward freshman-year expenses, with a typical loan of $7,141 per student, private and federal loans combined.
The average federally funded loan is $6,842. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at Concorde Career Institute - Jacksonville, 84% take out federal student loans, with a mean of $10,601 each per year. That amounts to 54.9% larger than the $6,842 freshmen take on.
At a steady annual pace, that totals around $21,202 over two years and about $42,404 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 84% |
| Average federal loan per year | $10,601 |
| Undergraduates with a federal loan | 630 |
| Total federal loans (one year) | $6,678,512 |
The median student at Concorde Career Institute - Jacksonville borrows $9,500 of cumulative federal debt.
| 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 Institute - Jacksonville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,668 |
| 25th percentile | $6,306 |
| 75th percentile | $15,132 |
| 90th percentile (highest-debt students) | $23,455 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Concorde Career Institute - Jacksonville.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Concorde Career Institute - Jacksonville.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 251 | $8,498 |
| Completed (graduates) | 180 | $9,556 |
| Did not complete | 71 | $6,267 |
On a standard 10-year plan, the median completing borrower would pay about $113.63/mo.
Federal data lets us separate Stafford borrowers from the rest at Concorde Career Institute - Jacksonville.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 238 | — |
| No Stafford loan | 13 | — |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 220 | $8,956 |
| No Stafford loan this year | 31 | $3,500 |
The indicators below describe what the typical debt costs to pay back at Concorde Career Institute - Jacksonville.
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 Institute - Jacksonville appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.1% |
| Borrowers in the cohort | 834 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $11,899 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,334 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Concorde Career Institute - Jacksonville.
The Difference Between Subsidized and 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.
Important to Remember
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.