by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Miami Ad School - Wynwood: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Among first-year students at Miami Ad School - Wynwood, 14% of new students use loans toward freshman-year expenses, for an average of $3,167 each, across private and federal loan sources.
The average federal loan is $3,167, which is 57.6% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Looking at all undergraduates at Miami Ad School - Wynwood, freshmen included, 36% finance part of their studies with federal loans, averaging $2,993 each per year. This is 5.5% under the $3,167 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $5,986 in two years and roughly $11,972 across a four-year program. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 36% |
| Average federal loan per year | $2,993 |
| Undergraduates with a federal loan | 12 |
| Total federal loans (one year) | $35,912 |
The middle borrower at Miami Ad School - Wynwood owes $16,849 of cumulative federal debt.
| 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Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Miami Ad School - Wynwood.
| 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 - Wynwood.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Miami Ad School - Wynwood.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 45 | $32,596 |
The indicators below describe what the typical debt costs to pay back at Miami Ad School - Wynwood.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Miami Ad School - Wynwood is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.7% |
| Borrowers in the cohort | 146 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $19,667 |
| Middle income | $19,334 |
| High income | $9,084 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,864 |
| Continuing-generation students | $16,834 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,667 |
| Independent students | $24,200 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Miami Ad School - Wynwood.
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.
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.