by our College Data Analytics TeamHere you will find what students actually borrow to attend New York School of Interior Design— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
Looking at the entering class at NYSID, 40% of first-year students take on loan debt, for an average of $9,625 each, across private and federal loan sources.
On the federal side, the average loan is $6,500. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at NYSID, 25% use federal student loans to help pay for their education, for a typical $7,114 each per year. That is 9.4% larger than the freshman federal average of $6,500.
Borrowing the same amount each year would add up to roughly $14,228 in two years and roughly $28,456 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 25% |
| Average federal loan per year | $7,114 |
| Undergraduates with a federal loan | 107 |
| Total federal loans (one year) | $761,213 |
The middle borrower at NYSID owes $12,750 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,750 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at NYSID.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $9,219 |
| 75th percentile | $28,500 |
| 90th percentile (highest-debt students) | $44,000 |
How wide this percentile range is tells you how much borrowing varies across students at NYSID.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for NYSID.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 66 | $33,395 |
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at NYSID.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 50 | — |
| No Stafford loan this year | 16 | — |
These figures turn the debt totals into a monthly repayment picture for NYSID.
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 NYSID follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.3% |
| Borrowers in the cohort | 127 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $14,250 |
| Middle income | $9,500 |
| High income | $13,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,250 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,250 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for NYSID.
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.
Worth Knowing
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.