by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Miami Ad School - New York: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
At Miami Ad School - New York specifically, 0% of new students use loans toward freshman-year expenses.
Counting every undergraduate at Miami Ad School - New York, 31% finance part of their studies with federal loans, with a mean of $2,781 a year.
Borrowing the same amount each year would add up to roughly $5,562 by year two and around $11,124 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 31% |
| Average federal loan per year | $2,781 |
| Undergraduates with a federal loan | 10 |
| Total federal loans (one year) | $27,805 |
The middle borrower at Miami Ad School - New York owes $16,849 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $16,849 |
| Students who completed (graduates) | $25,967 |
| Students who withdrew | $9,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Miami Ad School - New York.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $9,293 |
| 75th percentile | $24,250 |
| 90th percentile (highest-debt students) | $26,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Miami Ad School - New York.
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 Miami Ad School - New York.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 45 | $32,596 |
These figures turn the debt totals into a monthly repayment picture for Miami Ad School - New York.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Miami Ad School - New York appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.7% |
| Borrowers in the cohort | 146 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $19,667 |
| Middle income | $19,334 |
| High income | $9,084 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,864 |
| Continuing-generation students | $16,834 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,667 |
| Independent students | $24,200 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Miami Ad School - New York.
Subsidized and 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.