by our College Data Analytics TeamHere you will find what students actually borrow to attend Galen Health Institutes-Miami Campus: 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.
At Galen Health Institutes-Miami Campus, 78% of incoming undergraduates borrow in year one, with a typical loan of $10,185 each, across private and federal loan sources.
On the federal side, the average loan is $9,126. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Galen Health Institutes-Miami Campus, freshmen included, 86% rely on federal student loans toward their education, at an average of $8,902 per year. That amounts to 2.5% under the $9,126 borrowed by freshmen.
Borrowing at that rate every year works out to about $17,804 in two years and roughly $35,608 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 86% |
| Average federal loan per year | $8,902 |
| Undergraduates with a federal loan | 545 |
| Total federal loans (one year) | $4,851,813 |
Graduating and withdrawing students at Galen Health Institutes-Miami Campus carry a median federal debt of $16,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $16,500 |
| Students who completed (graduates) | $24,166 |
| Students who withdrew | $9,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Galen Health Institutes-Miami Campus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,334 |
| 75th percentile | $24,166 |
| 90th percentile (highest-debt students) | $33,943 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Galen Health Institutes-Miami Campus.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Galen Health Institutes-Miami Campus.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1210 | $10,814 |
| Completed (graduates) | 690 | $11,219 |
| Did not complete | 520 | $10,444 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $133.41/mo.
Federal data lets us separate Stafford borrowers from the rest at Galen Health Institutes-Miami Campus.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1197 | — |
| No Stafford loan | 13 | — |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1127 | $10,969 |
| No Stafford loan this year | 83 | $9,600 |
These figures turn the debt totals into a monthly repayment picture for Galen Health Institutes-Miami Campus.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Galen Health Institutes-Miami Campus appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.6% |
| Borrowers in the cohort | 1677 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $16,190 |
| Middle income | $17,444 |
| High income | $16,166 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,500 |
| Continuing-generation students | $16,834 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,786 |
| Independent students | $18,832 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Galen Health Institutes-Miami Campus.
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
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.