by our College Data Analytics TeamHere you will find what students actually borrow to attend Concordia University-Irvine: 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 Concordia University, Irvine, 56% of first-year students take on loan debt, borrowing on average $8,078 each, across private and federal loan sources.
Federal loans alone average $5,078, or about 92.3% of the $5,500 federal limit that applies to a typical first-year dependent borrower. 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 Concordia University, Irvine, 53% take out federal student loans, averaging $6,890 each per year. It comes to 35.7% above the $5,078 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $13,780 over two years and about $27,560 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 | 53% |
| Average federal loan per year | $6,890 |
| Undergraduates with a federal loan | 767 |
| Total federal loans (one year) | $5,285,011 |
The middle borrower at Concordia University, Irvine owes $19,000 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $19,000 |
| Students who completed (graduates) | $24,247 |
| Students who withdrew | $8,750 |
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 Concordia University, Irvine.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,406 |
| 25th percentile | $8,127 |
| 75th percentile | $25,500 |
| 90th percentile (highest-debt students) | $29,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Concordia University, Irvine.
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, Irvine.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 656 | $23,735 |
| Completed (graduates) | 441 | $26,000 |
| Did not complete | 215 | $18,488 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $309.17/mo.
Federal data lets us separate Stafford borrowers from the rest at Concordia University, Irvine.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 545 | $24,000 |
| No Stafford loan this year | 111 | $20,000 |
The indicators below describe what the typical debt costs to pay back at Concordia University, Irvine.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Concordia University, Irvine is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.9% |
| Borrowers in the cohort | 816 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $18,750 |
| Middle income | $20,000 |
| High income | $18,667 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,000 |
| Continuing-generation students | $19,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,667 |
| Independent students | $20,156 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Concordia University, Irvine.
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.
Did You Know?
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.