by our College Data Analytics TeamThis page focuses on the debt students take on to attend Prism Career Institute, Philadelphia, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Prism Career Institute specifically, 75% of incoming undergraduates borrow in year one, with a typical loan of $8,583 per borrower, covering both private and federal loans.
On the federal side, the average loan is $8,183. 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.
Across the full undergraduate body at Prism Career Institute (freshmen included), 67% rely on federal student loans toward their education, averaging $8,274 annually. It comes to 1.1% above the $8,183 borrowed by freshmen.
Carrying that yearly figure forward comes to roughly $16,548 over two years and about $33,096 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 67% |
| Average federal loan per year | $8,274 |
| Undergraduates with a federal loan | 385 |
| Total federal loans (one year) | $3,185,418 |
Graduating and withdrawing students at Prism Career Institute carry a median federal debt of $16,645 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $16,645 |
| Students who completed (graduates) | $17,200 |
| Students who withdrew | $4,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Prism Career Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,669 |
| 25th percentile | $7,600 |
| 75th percentile | $17,200 |
| 90th percentile (highest-debt students) | $17,200 |
How wide this percentile range is tells you how much borrowing varies across students at Prism Career Institute.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Prism Career Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 201 | $7,321 |
| Completed (graduates) | 126 | $8,453 |
| Did not complete | 75 | $5,179 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $100.52/mo.
Federal data lets us separate Stafford borrowers from the rest at Prism Career Institute.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 190 | — |
| No Stafford loan this year | 11 | — |
These figures turn the debt totals into a monthly repayment picture for Prism Career Institute.
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 Prism Career Institute follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 27.1% |
| Borrowers in the cohort | 1025 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $16,458 |
| Middle income | $16,892 |
| High income | $13,200 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,625 |
| Continuing-generation students | $17,093 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,176 |
| Independent students | $17,092 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Prism Career Institute.
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.
Important to Remember
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.