by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Moore College of Art and Design: 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 Moore College, 82% of incoming students take out a loan to help cover first-year costs, averaging $11,846 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $5,668. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. 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 Moore College, freshmen included, 85% borrow through federal student loan programs, averaging $7,011 a year. That is 23.7% higher than the $5,668 borrowed by freshmen.
Borrowing at that rate every year works out to about $14,022 in two years and roughly $28,044 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 85% |
| Average federal loan per year | $7,011 |
| Undergraduates with a federal loan | 331 |
| Total federal loans (one year) | $2,320,586 |
Graduating and withdrawing students at Moore College carry a median federal debt of $20,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $20,500 |
| Students who completed (graduates) | $26,000 |
| Students who withdrew | $5,500 |
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 Moore College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $7,750 |
| 75th percentile | $29,997 |
| 90th percentile (highest-debt students) | $39,181 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Moore College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Moore College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 107 | $50,087 |
| Completed (graduates) | 65 | $68,228 |
| Did not complete | 42 | $33,494 |
On a standard 10-year plan, the median completing borrower would pay about $811.3/mo.
These figures turn the debt totals into a monthly repayment picture for Moore College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Moore College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.9% |
| Borrowers in the cohort | 188 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $19,750 |
| Middle income | $23,250 |
| High income | $20,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,750 |
| Continuing-generation students | $20,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Moore College.
Subsidized vs. 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.
Did You Know?
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.