by our College Data Analytics TeamHere you will find what students actually borrow to attend New York College of Traditional Chinese Medicine, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Undergraduates with a federal loan | 0 |
| Total federal loans (one year) | $0 |
The middle borrower at New York Institute of Chinese Medicine owes $12,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,500 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at New York Institute of Chinese Medicine.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $8,000 |
| 75th percentile | $16,664 |
Repayment burden translates the debt figures into what a borrower actually pays each month. New York Institute of Chinese Medicine.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for New York Institute of Chinese Medicine is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.2% |
| Borrowers in the cohort | 32 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Did You Know?
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.