by our College Data Analytics TeamThis page focuses on the debt students take on to attend MCPHS University— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
Among first-year students at MCPHS University, 73% of incoming undergraduates borrow in year one, averaging $14,493 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $6,231. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Among all degree-seeking undergrads at MCPHS University, 67% finance part of their studies with federal loans, borrowing on average $9,303 per year. This is 49.3% greater than the first-year federal average of $6,231.
Repeating that yearly amount projects to about $18,606 in two years and roughly $37,212 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 | 67% |
| Average federal loan per year | $9,303 |
| Undergraduates with a federal loan | 2,319 |
| Total federal loans (one year) | $21,573,681 |
Graduating and withdrawing students at MCPHS University carry a median federal debt of $25,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $25,000 |
| Students who completed (graduates) | $25,000 |
| Students who withdrew | $8,750 |
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 MCPHS University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,500 |
| 75th percentile | $27,500 |
| 90th percentile (highest-debt students) | $33,750 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at MCPHS University.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at MCPHS University.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 997 | $41,742 |
| Completed (graduates) | 804 | $46,544 |
| Did not complete | 193 | $31,966 |
On a standard 10-year plan, the median completing borrower would pay about $553.46/mo.
Federal data lets us separate Stafford borrowers from the rest at MCPHS University.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 958 | $43,308 |
| No Stafford loan this year | 39 | $18,450 |
The indicators below describe what the typical debt costs to pay back at MCPHS University.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for MCPHS University is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 1.0% |
| Borrowers in the cohort | 1049 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $25,000 |
| Middle income | $25,000 |
| High income | $21,250 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $25,000 |
| Continuing-generation students | $25,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $22,250 |
| Independent students | $25,000 |
Federal data publishes the following gap measures for MCPHS University.
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
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.