by our College Data Analytics TeamHere you will find what students actually borrow to attend Middlebury Institute of International Studies at Monterey— 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.
For undergraduates overall at Middlebury Institute, 63% take out federal student loans, at an average of $9,767 each per year.
Borrowing the same amount each year would add up to roughly $19,534 after two years and $39,068 across a four-year program. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 63% |
| Average federal loan per year | $9,767 |
| Undergraduates with a federal loan | 5 |
| Total federal loans (one year) | $48,837 |
The median student at Middlebury Institute borrows $11,522 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $11,522 |
| Students who completed (graduates) | $13,857 |
| Students who withdrew | $8,000 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Middlebury Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,501 |
| 75th percentile | $24,703 |
| 90th percentile (highest-debt students) | $32,000 |
How wide this percentile range is tells you how much borrowing varies across students at Middlebury Institute.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Middlebury Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 361 | $26,113 |
| Completed (graduates) | 165 | $27,380 |
| Did not complete | 196 | $25,317 |
On a standard 10-year plan, the median completing borrower would pay about $325.58/mo.
Federal data lets us separate Stafford borrowers from the rest at Middlebury Institute.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 339 | $26,183 |
| No Stafford loan | 22 | $24,419 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 186 | $26,771 |
| No Stafford loan this year | 175 | $25,138 |
The indicators below describe what the typical debt costs to pay back at Middlebury Institute.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Middlebury Institute appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 1.4% |
| Borrowers in the cohort | 814 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $7,303 |
| Middle income | $11,975 |
| High income | $13,153 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,217 |
| Continuing-generation students | $11,950 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,482 |
| Independent students | $4,386 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Middlebury Institute.
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.