by our College Data Analytics TeamThis page focuses on the debt students take on to attend Florida Career College-Boynton Beach— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
The median student at Florida Career College - Boynton Beach borrows $9,365 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,365 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,474 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Florida Career College - Boynton Beach.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,589 |
| 25th percentile | $4,572 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,824 |
How wide this percentile range is tells you how much borrowing varies across students at Florida Career College - Boynton Beach.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Florida Career College - Boynton Beach.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1476 | $8,267 |
| Completed (graduates) | 995 | $9,141 |
| Did not complete | 481 | $4,571 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $108.7/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Florida Career College - Boynton Beach.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1350 | $8,394 |
| No Stafford loan | 126 | $2,140 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1320 | $8,469 |
| No Stafford loan this year | 156 | $2,495 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Florida Career College - Boynton Beach.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Florida Career College - Boynton Beach appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 16.1% |
| Borrowers in the cohort | 4815 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,365 |
| Middle income | $9,365 |
| High income | $9,155 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,365 |
| Continuing-generation students | $9,365 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Florida Career College - Boynton Beach.
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.
Important to Remember
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.