by our College Data Analytics TeamThis page focuses on the debt students take on to attend Concordia University Ann Arbor— 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 Concordia University, Ann Arbor, 72% of freshmen borrow to help pay for their first year, averaging $7,853 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $5,264, which is 95.7% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at Concordia University, Ann Arbor, 69% use federal student loans to help pay for their education, for a typical $6,375 each per year. This is 21.1% greater than the $5,264 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $12,750 across two years and $25,500 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 69% |
| Average federal loan per year | $6,375 |
| Undergraduates with a federal loan | 634 |
| Total federal loans (one year) | $4,041,718 |
The middle borrower at Concordia University, Ann Arbor owes $19,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $19,500 |
| Students who completed (graduates) | $25,750 |
| Students who withdrew | $10,250 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Concordia University, Ann Arbor.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,340 |
| 25th percentile | $6,499 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $36,889 |
How wide this percentile range is tells you how much borrowing varies across students at Concordia University, Ann Arbor.
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 Concordia University, Ann Arbor.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 892 | $18,193 |
| Completed (graduates) | 485 | $24,831 |
| Did not complete | 407 | $14,300 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $295.27/mo.
Federal data lets us separate Stafford borrowers from the rest at Concordia University, Ann Arbor.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 758 | $18,911 |
| No Stafford loan this year | 134 | $15,870 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Concordia University, Ann Arbor.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Concordia University, Ann Arbor appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.2% |
| Borrowers in the cohort | 1730 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $17,750 |
| Middle income | $19,500 |
| High income | $20,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,365 |
| Continuing-generation students | $20,250 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $20,700 |
Federal data publishes the following gap measures for Concordia University, Ann Arbor.
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
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.