by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Porter and Chester Institute of Stratford, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Among first-year students at Porter and Chester Institute, 89% of new students use loans toward freshman-year expenses, borrowing on average $7,522 per borrower, covering both private and federal loans.
The typical federal loan comes to $8,007. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Porter and Chester Institute, freshmen included, 60% finance part of their studies with federal loans, borrowing on average $2,047 annually. That amounts to 74.4% below the first-year federal average of $8,007.
At a steady annual pace, that totals around $4,094 in two years and roughly $8,188 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 60% |
| Average federal loan per year | $2,047 |
| Undergraduates with a federal loan | 927 |
| Total federal loans (one year) | $1,897,659 |
The middle borrower at Porter and Chester Institute owes $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $12,000 |
| Students who withdrew | $5,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Porter and Chester Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,334 |
| 75th percentile | $13,910 |
| 90th percentile (highest-debt students) | $14,120 |
How wide this percentile range is tells you how much borrowing varies across students at Porter and Chester Institute.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Porter and Chester Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 766 | $10,642 |
| Completed (graduates) | 537 | $12,272 |
| Did not complete | 229 | $6,309 |
On a standard 10-year plan, the median completing borrower would pay about $145.93/mo.
Federal data lets us separate Stafford borrowers from the rest at Porter and Chester Institute.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 744 | $10,905 |
| No Stafford loan | 22 | $1,720 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 717 | $11,163 |
| No Stafford loan this year | 49 | $3,039 |
These figures turn the debt totals into a monthly repayment picture for Porter and Chester Institute.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Porter and Chester Institute appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.3% |
| Borrowers in the cohort | 2328 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $8,360 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,417 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,360 |
| Independent students | $12,284 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Porter and Chester Institute.
The Difference Between 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.