by our College Data Analytics TeamThis page focuses on the debt students take on to attend Fortis College - Montgomery, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Fortis College - Montgomery, 88% of first-year students take on loan debt, for an average of $7,678 per borrower, covering both private and federal loans.
The average federally funded loan is $7,678. This is at or above the $5,500 first-year federal borrowing cap that applies to the 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 - Montgomery, freshmen included, 75% rely on federal student loans toward their education, with a mean of $6,767 per year. This is 11.9% under the freshman federal average of $7,678.
Borrowing at that rate every year works out to about $13,534 in two years and roughly $27,068 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 75% |
| Average federal loan per year | $6,767 |
| Undergraduates with a federal loan | 414 |
| Total federal loans (one year) | $2,801,383 |
Graduating and withdrawing students at Fortis College - Montgomery carry a median federal debt of $9,122 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,122 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,846 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Fortis College - Montgomery.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,500 |
| 75th percentile | $12,012 |
| 90th percentile (highest-debt students) | $17,365 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Fortis College - Montgomery.
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 - Montgomery.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 384 | $5,714 |
| Completed (graduates) | 252 | $6,106 |
| Did not complete | 132 | $4,195 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $72.61/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 Fortis College - Montgomery.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 372 | — |
| No Stafford loan | 12 | — |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 352 | $5,492 |
| No Stafford loan this year | 32 | $9,640 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Fortis College - Montgomery.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Fortis College - Montgomery follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.2% |
| Borrowers in the cohort | 1443 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,109 |
| Middle income | $9,500 |
| High income | $7,667 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,041 |
| Continuing-generation students | $9,274 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,000 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Fortis College - Montgomery.
Subsidized and 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
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.