by our College Data Analytics TeamThis page focuses on the debt students take on to attend National Career Institute— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at National Career Institute, 62% of incoming students take out a loan to help cover first-year costs, at roughly $5,266 per borrower, covering both private and federal loans.
The typical federal loan comes to $5,266, amounting to 95.7% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at National Career Institute, 47% finance part of their studies with federal loans, at an average of $5,175 a year. This is 1.7% less than the first-year federal average of $5,266.
At a steady annual pace, that totals around $10,350 by year two and around $20,700 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 47% |
| Average federal loan per year | $5,175 |
| Undergraduates with a federal loan | 145 |
| Total federal loans (one year) | $750,303 |
The median student at National Career Institute borrows $6,756 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,756 |
| Students who completed (graduates) | $6,756 |
| Students who withdrew | $4,600 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for National Career Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,644 |
| 25th percentile | $3,911 |
| 75th percentile | $6,756 |
| 90th percentile (highest-debt students) | $9,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at National 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 National Career Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 65 | $2,536 |
| Completed (graduates) | 40 | $3,630 |
| Did not complete | 25 | $2,178 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $43.16/mo.
The indicators below describe what the typical debt costs to pay back at National Career Institute.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for National Career Institute appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.2% |
| Borrowers in the cohort | 125 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,756 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,756 |
| Continuing-generation students | $6,199 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,911 |
| Independent students | $6,756 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at National Career Institute.
The Difference Between 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
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.