by our College Data Analytics TeamThis page focuses on the debt students take on to attend Culinary Institute Inc— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
Looking at the entering class at Culinary Institute LeNotre, 100% of new students use loans toward freshman-year expenses, averaging $3,322 per borrower, covering both private and federal loans.
Federal loans alone average $3,322, representing 60.4% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at Culinary Institute LeNotre, 55% take out federal student loans, borrowing on average $11,569 in federal loans per year. That is 248.3% larger than the freshman federal average of $3,322.
Repeating that yearly amount projects to about $23,138 after two years and $46,276 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 55% |
| Average federal loan per year | $11,569 |
| Undergraduates with a federal loan | 188 |
| Total federal loans (one year) | $2,175,008 |
The middle borrower at Culinary Institute LeNotre owes $12,167 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,167 |
| Students who completed (graduates) | $16,004 |
| Students who withdrew | $7,500 |
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 Culinary Institute LeNotre.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,694 |
| 25th percentile | $9,500 |
| 75th percentile | $29,492 |
| 90th percentile (highest-debt students) | $33,216 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Culinary Institute LeNotre.
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 Culinary Institute LeNotre.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 56 | $11,359 |
| Completed (graduates) | 31 | $15,883 |
| Did not complete | 25 | $7,120 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $188.87/mo.
The indicators below describe what the typical debt costs to pay back at Culinary Institute LeNotre.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Culinary Institute LeNotre appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 18.3% |
| Borrowers in the cohort | 109 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $11,924 |
| Middle income | $14,365 |
| High income | $8,667 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,251 |
| Continuing-generation students | $10,205 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $12,370 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Culinary Institute LeNotre.
Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
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.