by our College Data Analytics TeamHere you will find what students actually borrow to attend Massage Institute of Memphis, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Among first-year students at Massage Institute of Memphis, 80% of incoming undergraduates borrow in year one, with a typical loan of $4,187 each, across private and federal loan sources.
On the federal side, the average loan is $4,187, representing 76.1% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Counting every undergraduate at Massage Institute of Memphis, 59% borrow through federal student loan programs, averaging $4,461 each per year. It comes to 6.5% more than the freshman federal average of $4,187.
At a steady annual pace, that totals around $8,922 over two years and about $17,844 across a four-year program. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 59% |
| Average federal loan per year | $4,461 |
| Undergraduates with a federal loan | 17 |
| Total federal loans (one year) | $75,844 |
The middle borrower at Massage Institute of Memphis owes $7,391 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,391 |
The indicators below describe what the typical debt costs to pay back at Massage Institute of Memphis.
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
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.