by our College Data Analytics TeamHere you will find what students actually borrow to attend Fortis College-Cutler Bay— 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.
For incoming students at Fortis College - Cutler Bay, 92% of incoming undergraduates borrow in year one, with a typical loan of $4,876 each, across private and federal loan sources.
The average federal loan is $4,963, which is 90.2% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Looking at all undergraduates at Fortis College - Cutler Bay, freshmen included, 81% borrow through federal student loan programs, averaging $8,655 annually. It comes to 74.4% greater than the first-year federal average of $4,963.
Borrowing at that rate every year works out to about $17,310 after two years and $34,620 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 81% |
| Average federal loan per year | $8,655 |
| Undergraduates with a federal loan | 300 |
| Total federal loans (one year) | $2,596,582 |
The median student at Fortis College - Cutler Bay borrows $12,949 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,949 |
| Students who completed (graduates) | $13,000 |
| Students who withdrew | $9,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Fortis College - Cutler Bay.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,500 |
| 75th percentile | $21,990 |
| 90th percentile (highest-debt students) | $32,366 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Fortis College - Cutler Bay.
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 Fortis College - Cutler Bay.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 231 | $6,861 |
| Completed (graduates) | 117 | $8,000 |
| Did not complete | 114 | $5,414 |
On a standard 10-year plan, the median completing borrower would pay about $95.13/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Fortis College - Cutler Bay.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 219 | — |
| No Stafford loan this year | 12 | — |
The indicators below describe what the typical debt costs to pay back at Fortis College - Cutler Bay.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Fortis College - Cutler Bay appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.1% |
| Borrowers in the cohort | 1787 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,667 |
| Middle income | $13,000 |
| High income | $12,950 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,667 |
| Continuing-generation students | $13,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $13,000 |
Federal data publishes the following gap measures for Fortis College - Cutler Bay.
Subsidized vs. 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.
Important to Remember
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.