by our College Data Analytics TeamHere you will find what students actually borrow to attend New York Law School: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for New York Law School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,000 |
| 75th percentile | $6,000 |
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 New York Law School.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 129 | $35,879 |
Federal data lets us separate Stafford borrowers from the rest at New York Law School.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 117 | — |
| No Stafford loan this year | 12 | — |
Repayment burden translates the debt figures into what a borrower actually pays each month. New York Law School.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for New York Law School follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.0% |
| Borrowers in the cohort | 537 |
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.