by our College Data Analytics TeamThis page focuses on the debt students take on to attend Elaine Sterling Institute, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Elaine Sterling Institute specifically, 71% of incoming students take out a loan to help cover first-year costs, for an average of $5,265 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $5,265, or about 95.7% of the $5,500 first-year borrowing cap for the typical first-year dependent student. 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 Elaine Sterling Institute, 70% finance part of their studies with federal loans, at an average of $5,016 a year. This is 4.7% below the $5,265 freshmen take on.
Repeating that yearly amount projects to about $10,032 in two years and roughly $20,064 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 | 70% |
| Average federal loan per year | $5,016 |
| Undergraduates with a federal loan | 779 |
| Total federal loans (one year) | $3,907,298 |
Graduating and withdrawing students at Elaine Sterling Institute carry a median federal debt of $6,333 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Elaine Sterling Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,166 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $10,667 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Elaine Sterling Institute.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Elaine Sterling Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 104 | $9,633 |
| Completed (graduates) | 71 | $9,500 |
| Did not complete | 33 | $9,751 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $112.97/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Elaine Sterling Institute.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 93 | — |
| No Stafford loan this year | 11 | — |
These figures turn the debt totals into a monthly repayment picture for Elaine Sterling Institute.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,331 |
| High income | $5,861 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $7,917 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,178 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Elaine Sterling Institute.
Subsidized vs. 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?
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.