by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Concorde Career Institute-Tampa— 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 - Tampa, 68% of freshmen borrow to help pay for their first year, for an average of $7,599 per student, private and federal loans combined.
The average federally funded loan is $6,312. This meets or exceeds the $5,500 cap on first-year federal borrowing 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.
Among all degree-seeking undergrads at Concorde Career Institute - Tampa, 67% borrow through federal student loan programs, averaging $6,550 annually. That is 3.8% larger than the first-year federal average of $6,312.
Borrowing at that rate every year works out to about $13,100 across two years and $26,200 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 | 67% |
| Average federal loan per year | $6,550 |
| Undergraduates with a federal loan | 357 |
| Total federal loans (one year) | $2,338,329 |
The middle borrower at Concorde Career Institute - Tampa owes $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 | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Concorde Career Institute - Tampa.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,268 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $19,622 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Concorde Career Institute - Tampa.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Concorde Career Institute - Tampa.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 159 | $6,042 |
| Completed (graduates) | 121 | $6,537 |
| Did not complete | 38 | $4,265 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $77.73/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 - Tampa.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 145 | — |
| No Stafford loan this year | 14 | — |
The indicators below describe what the typical debt costs to pay back at Concorde Career Institute - Tampa.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Concorde Career Institute - Tampa is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.5% |
| Borrowers in the cohort | 586 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $5,917 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Concorde Career Institute - Tampa.
The Difference Between 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
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.