by our College Data Analytics TeamHere you will find what students actually borrow to attend Platt College-Aurora— 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.
The median student at Platt College - Aurora borrows $33,443 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $33,443 |
| Students who completed (graduates) | $42,125 |
| Students who withdrew | $9,928 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Platt College - Aurora.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $14,000 |
| 75th percentile | $45,000 |
| 90th percentile (highest-debt students) | $48,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Platt College - Aurora.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Platt College - Aurora.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 32 | $10,661 |
The indicators below describe what the typical debt costs to pay back at Platt College - Aurora.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Platt College - Aurora appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.3% |
| Borrowers in the cohort | 48 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $39,742 |
| Middle income | $34,096 |
| High income | $27,160 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $34,192 |
| Continuing-generation students | $31,424 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $26,375 |
| Independent students | $35,833 |
Federal data publishes the following gap measures for Platt College - Aurora.
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.