by our College Data Analytics TeamHere you will find what students actually borrow to attend Concorde Career Institute-Miramar— 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.
At Concorde Career Institute - Miramar, 71% of incoming undergraduates borrow in year one, at roughly $6,868 each — a figure that counts both private and federal student loans.
The average federally funded loan is $6,270. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Looking at all undergraduates at Concorde Career Institute - Miramar, freshmen included, 72% rely on federal student loans toward their education, borrowing on average $6,622 a year. This is 5.6% greater than the $6,270 borrowed by freshmen.
Borrowing at that rate every year works out to about $13,244 in two years and roughly $26,488 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 72% |
| Average federal loan per year | $6,622 |
| Undergraduates with a federal loan | 347 |
| Total federal loans (one year) | $2,297,744 |
Graduating and withdrawing students at Concorde Career Institute - Miramar 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) | $9,933 |
| Students who withdrew | $6,334 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Concorde Career Institute - Miramar.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,148 |
| 25th percentile | $5,500 |
| 75th percentile | $12,763 |
| 90th percentile (highest-debt students) | $21,605 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Concorde Career Institute - Miramar.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Concorde Career Institute - Miramar.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 133 | $7,150 |
| Completed (graduates) | 93 | $8,264 |
| Did not complete | 40 | $5,311 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $98.27/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Concorde Career Institute - Miramar.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 123 | — |
| No Stafford loan this year | 10 | — |
Repayment burden translates the debt figures into what a borrower actually pays each month. Concorde Career Institute - Miramar.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Concorde Career Institute - Miramar follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.0% |
| Borrowers in the cohort | 497 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,751 |
| High income | $12,531 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $12,531 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Concorde Career Institute - Miramar.
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.
Worth Knowing
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.