by our College Data Analytics TeamHere you will find what students actually borrow to attend Fortis College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Fortis College - Mobile specifically, 87% of incoming undergraduates borrow in year one, averaging $6,890 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $6,890. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. 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 Fortis College - Mobile, 70% take out federal student loans, with a mean of $6,953 a year. This is 0.9% above the $6,890 typical freshmen borrow.
Borrowing at that rate every year works out to about $13,906 across two years and $27,812 by the fourth year. 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 | $6,953 |
| Undergraduates with a federal loan | 334 |
| Total federal loans (one year) | $2,322,285 |
The middle borrower at Fortis College - Mobile owes $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 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Fortis College - Mobile.
| 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 |
How wide this percentile range is tells you how much borrowing varies across students at Fortis College - Mobile.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Fortis College - Mobile.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 384 | $5,714 |
| Completed (graduates) | 252 | $6,106 |
| Did not complete | 132 | $4,195 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $72.61/mo.
Federal data lets us separate Stafford borrowers from the rest at Fortis College - Mobile.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 372 | — |
| No Stafford loan | 12 | — |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 352 | $5,492 |
| No Stafford loan this year | 32 | $9,640 |
The indicators below describe what the typical debt costs to pay back at Fortis College - Mobile.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Fortis College - Mobile follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.2% |
| Borrowers in the cohort | 1443 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,109 |
| Middle income | $9,500 |
| High income | $7,667 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,041 |
| Continuing-generation students | $9,274 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,000 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Fortis College - Mobile.
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
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.