by our College Data Analytics TeamHere you will find what students actually borrow to attend Dorsey College-Dearborn: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Looking at the entering class at Dorsey College, Dearborn, 77% of incoming students take out a loan to help cover first-year costs, borrowing on average $6,448 per student, private and federal loans combined.
The typical federal loan comes to $6,448. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at Dorsey College, Dearborn, 89% rely on federal student loans toward their education, with a mean of $6,907 per year. It comes to 7.1% more than the freshman federal average of $6,448.
Carrying that yearly figure forward comes to roughly $13,814 after two years and $27,628 over four years. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 89% |
| Average federal loan per year | $6,907 |
| Undergraduates with a federal loan | 402 |
| Total federal loans (one year) | $2,776,814 |
Graduating and withdrawing students at Dorsey College, Dearborn carry a median federal debt of $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $13,000 |
| Students who withdrew | $5,172 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Dorsey College, Dearborn.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,626 |
| 25th percentile | $4,436 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $13,969 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Dorsey College, Dearborn.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Dorsey College, Dearborn.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 515 | $5,742 |
| Completed (graduates) | 293 | $6,862 |
| Did not complete | 222 | $4,438 |
On a standard 10-year plan, the median completing borrower would pay about $81.6/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Dorsey College, Dearborn.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 498 | — |
| No Stafford loan | 17 | — |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 473 | $5,928 |
| No Stafford loan this year | 42 | $3,874 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Dorsey College, Dearborn.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Dorsey College, Dearborn is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 14.5% |
| Borrowers in the cohort | 1723 |
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 | $9,500 |
| Middle income | $10,579 |
| High income | $8,917 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $10,458 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Dorsey College, Dearborn.
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.
Did You Know?
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.