by our College Data Analytics TeamThis page focuses on the debt students take on to attend Lu Ross Academy: 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.
At Lu Ross Academy, 69% of incoming undergraduates borrow in year one, averaging $5,088 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $5,088, or about 92.5% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Lu Ross Academy, freshmen included, 53% take out federal student loans, borrowing on average $4,682 a year. That is 8.0% less than the $5,088 freshmen take on.
Borrowing at that rate every year works out to about $9,364 across two years and $18,728 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 53% |
| Average federal loan per year | $4,682 |
| Undergraduates with a federal loan | 242 |
| Total federal loans (one year) | $1,133,081 |
The middle borrower at Lu Ross Academy owes $6,333 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $5,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Lu Ross Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,575 |
| 25th percentile | $3,666 |
| 75th percentile | $8,825 |
| 90th percentile (highest-debt students) | $10,556 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Lu Ross Academy.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Lu Ross Academy.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 38 | $6,038 |
The indicators below describe what the typical debt costs to pay back at Lu Ross Academy.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Lu Ross Academy follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.3% |
| Borrowers in the cohort | 97 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $6,333 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $5,162 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Lu Ross Academy.
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.
Did You Know?
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.