by our College Data Analytics TeamHere you will find what students actually borrow to attend Ohio Business College-Dayton-Driving Academy— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
At Ohio Business College-Dayton-Driving Academy, 2% of new students use loans toward freshman-year expenses, with a typical loan of $7,628 each, across private and federal loan sources.
On the federal side, the average loan is $7,628. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at Ohio Business College-Dayton-Driving Academy, 6% use federal student loans to help pay for their education, averaging $5,222 in federal loans per year. It comes to 31.5% smaller than the freshman federal average of $7,628.
Borrowing at that rate every year works out to about $10,444 over two years and about $20,888 across a four-year program. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 6% |
| Average federal loan per year | $5,222 |
| Undergraduates with a federal loan | 22 |
| Total federal loans (one year) | $114,893 |
The median student at Ohio Business College-Dayton-Driving Academy borrows $10,000 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $10,000 |
| Students who completed (graduates) | $12,416 |
| Students who withdrew | $6,334 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Ohio Business College-Dayton-Driving Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,237 |
| 25th percentile | $6,358 |
| 75th percentile | $21,500 |
| 90th percentile (highest-debt students) | $30,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Ohio Business College-Dayton-Driving Academy.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Ohio Business College-Dayton-Driving Academy.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 42 | $4,881 |
| Completed (graduates) | 22 | $5,714 |
| Did not complete | 20 | $4,841 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $67.95/mo.
These figures turn the debt totals into a monthly repayment picture for Ohio Business College-Dayton-Driving Academy.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Ohio Business College-Dayton-Driving Academy appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 14.0% |
| Borrowers in the cohort | 837 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $10,000 |
| Middle income | $10,296 |
| High income | $7,667 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,000 |
| Continuing-generation students | $9,800 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,666 |
| Independent students | $10,100 |
Federal data publishes the following gap measures for Ohio Business College-Dayton-Driving Academy.
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.
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.