by our College Data Analytics TeamHere you will find what students actually borrow to attend Fortis Institute - Towson: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Fortis Institute - Towson, 91% of freshmen borrow to help pay for their first year, for an average of $7,207 per borrower, covering both private and federal loans.
The average federally funded loan is $6,611. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at Fortis Institute - Towson, 68% finance part of their studies with federal loans, at an average of $6,172 per year. It comes to 6.6% below the freshman federal average of $6,611.
At a steady annual pace, that totals around $12,344 by year two and around $24,688 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 68% |
| Average federal loan per year | $6,172 |
| Undergraduates with a federal loan | 503 |
| Total federal loans (one year) | $3,104,273 |
Graduating and withdrawing students at Fortis Institute - Towson carry a median federal debt of $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $12,547 |
| Students who withdrew | $6,334 |
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 Institute - Towson.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,167 |
| 75th percentile | $13,827 |
| 90th percentile (highest-debt students) | $24,083 |
How wide this percentile range is tells you how much borrowing varies across students at Fortis Institute - Towson.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Fortis Institute - Towson.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 658 | $6,398 |
| Completed (graduates) | 381 | $6,719 |
| Did not complete | 277 | $5,232 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $79.9/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Fortis Institute - Towson.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 648 | — |
| No Stafford loan | 10 | — |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 624 | $6,381 |
| No Stafford loan this year | 34 | $6,537 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Fortis Institute - Towson.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Fortis Institute - Towson is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.2% |
| Borrowers in the cohort | 2721 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,643 |
| High income | $9,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,834 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,600 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Fortis Institute - Towson.
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.
Worth Knowing
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.