by our College Data Analytics TeamThis page focuses on the debt students take on to attend Gurnick Academy of Medical Arts: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Gurnick Academy of Medical Arts, 80% of freshmen borrow to help pay for their first year, at roughly $11,589 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $8,082. 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 Gurnick Academy of Medical Arts, freshmen included, 47% borrow through federal student loan programs, with a mean of $5,762 annually. This is 28.7% under the freshman federal average of $8,082.
Repeating that yearly amount projects to about $11,524 after two years and $23,048 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 47% |
| Average federal loan per year | $5,762 |
| Undergraduates with a federal loan | 2,167 |
| Total federal loans (one year) | $12,487,105 |
The middle borrower at Gurnick Academy of Medical Arts owes $16,832 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $16,832 |
| Students who completed (graduates) | $17,317 |
| Students who withdrew | $8,328 |
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 Gurnick Academy of Medical Arts.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $10,108 |
| 75th percentile | $17,317 |
| 90th percentile (highest-debt students) | $17,317 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Gurnick Academy of Medical Arts.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Gurnick Academy of Medical Arts.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 443 | $12,030 |
| Completed (graduates) | 351 | $12,586 |
| Did not complete | 92 | $10,016 |
On a standard 10-year plan, the median completing borrower would pay about $149.66/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 Gurnick Academy of Medical Arts.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 433 | — |
| No Stafford loan | 10 | — |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 403 | $12,713 |
| No Stafford loan this year | 40 | $4,494 |
These figures turn the debt totals into a monthly repayment picture for Gurnick Academy of Medical Arts.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Gurnick Academy of Medical Arts is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 71 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $17,248 |
| Middle income | $16,663 |
| High income | $12,017 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,833 |
| Continuing-generation students | $16,724 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,339 |
| Independent students | $17,317 |
Federal data publishes the following gap measures for Gurnick Academy of Medical Arts.
The Difference Between Subsidized and 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
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.