by our College Data Analytics TeamHere you will find what students actually borrow to attend Medical Career Institute— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Medical Career Institute, 64% of incoming students take out a loan to help cover first-year costs, averaging $5,086 each, across private and federal loan sources.
On the federal side, the average loan is $5,086, equal to roughly 92.5% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at Medical Career Institute, 43% borrow through federal student loan programs, at an average of $9,258 a year. This is 82.0% above the freshman federal average of $5,086.
Borrowing the same amount each year would add up to roughly $18,516 in two years and roughly $37,032 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 43% |
| Average federal loan per year | $9,258 |
| Undergraduates with a federal loan | 102 |
| Total federal loans (one year) | $944,288 |
The middle borrower at Medical Career Institute owes $6,473 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,473 |
| Students who completed (graduates) | $10,836 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Medical Career Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,517 |
| 25th percentile | $3,666 |
| 75th percentile | $6,333 |
| 90th percentile (highest-debt students) | $12,999 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Medical Career Institute.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Medical Career Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 36 | $10,300 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Medical Career Institute.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,894 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,196 |
| Continuing-generation students | $11,581 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,550 |
| Independent students | $7,546 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Medical Career Institute.
The Difference Between Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Worth Knowing
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.