by our College Data Analytics TeamThis page focuses on the debt students take on to attend Embry-Riddle Aeronautical University-Prescott: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
At Embry-Riddle Prescott specifically, 51% of first-year students take on loan debt, for an average of $21,086 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $5,236, equal to roughly 95.2% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at Embry-Riddle Prescott, 35% use federal student loans to help pay for their education, at an average of $6,351 per year. That amounts to 21.3% above the $5,236 freshmen take on.
At a steady annual pace, that totals around $12,702 in two years and roughly $25,404 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 | 35% |
| Average federal loan per year | $6,351 |
| Undergraduates with a federal loan | 1,151 |
| Total federal loans (one year) | $7,310,192 |
The middle borrower at Embry-Riddle Prescott owes $14,250 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $14,250 |
| Students who completed (graduates) | $23,666 |
| Students who withdrew | $8,424 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Embry-Riddle Prescott.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,625 |
| 25th percentile | $5,250 |
| 75th percentile | $26,500 |
| 90th percentile (highest-debt students) | $37,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Embry-Riddle Prescott.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Embry-Riddle Prescott.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 2774 | $25,998 |
| Completed (graduates) | 1278 | $43,423 |
| Did not complete | 1496 | $19,958 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $516.35/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Embry-Riddle Prescott.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 2673 | $26,021 |
| No Stafford loan | 101 | $24,768 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1822 | $43,303 |
| No Stafford loan this year | 952 | $12,401 |
These figures turn the debt totals into a monthly repayment picture for Embry-Riddle Prescott.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Embry-Riddle Prescott is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.7% |
| Borrowers in the cohort | 2748 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $15,000 |
| Middle income | $13,000 |
| High income | $14,750 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,000 |
| Continuing-generation students | $15,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,000 |
| Independent students | $12,500 |
Federal data publishes the following gap measures for Embry-Riddle Prescott.
The Difference Between 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?
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.