by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Cortiva Institute, Pennsylvania: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
At Cortiva Institute, Pennsylvania, 53% of freshmen borrow to help pay for their first year, at roughly $5,783 per borrower, covering both private and federal loans.
The average federally funded loan is $5,783. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
For undergraduates overall at Cortiva Institute, Pennsylvania, 26% rely on federal student loans toward their education, with a mean of $6,023 each per year. This is 4.2% greater than the $5,783 borrowed by freshmen.
At a steady annual pace, that totals around $12,046 over two years and about $24,092 over a four-year span. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 26% |
| Average federal loan per year | $6,023 |
| Undergraduates with a federal loan | 71 |
| Total federal loans (one year) | $427,631 |
The middle borrower at Cortiva Institute, Pennsylvania owes $8,093 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,093 |
| Students who completed (graduates) | $8,677 |
| Students who withdrew | $4,339 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Cortiva Institute, Pennsylvania.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,431 |
| 25th percentile | $3,972 |
| 75th percentile | $6,861 |
| 90th percentile (highest-debt students) | $6,861 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Cortiva Institute, Pennsylvania.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Cortiva Institute, Pennsylvania.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 21 | $7,500 |
These figures turn the debt totals into a monthly repayment picture for Cortiva Institute, Pennsylvania.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Cortiva Institute, Pennsylvania is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.9% |
| Borrowers in the cohort | 169 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,269 |
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.
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.