by our College Data Analytics TeamThis page focuses on the debt students take on to attend Remington College-Cleveland Campus, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Remington College - Cleveland Campus specifically, 80% of new students use loans toward freshman-year expenses, for an average of $7,027 per borrower, covering both private and federal loans.
The average federally funded loan is $6,605. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Counting every undergraduate at Remington College - Cleveland Campus, 41% borrow through federal student loan programs, with a mean of $6,689 each per year. It comes to 1.3% larger than the first-year federal average of $6,605.
Repeating that yearly amount projects to about $13,378 in two years and roughly $26,756 by the fourth year. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 41% |
| Average federal loan per year | $6,689 |
| Undergraduates with a federal loan | 54 |
| Total federal loans (one year) | $361,224 |
The median student at Remington College - Cleveland Campus borrows $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $13,271 |
| Students who withdrew | $5,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Remington College - Cleveland Campus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $4,923 |
| 75th percentile | $14,120 |
| 90th percentile (highest-debt students) | $20,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Remington College - Cleveland Campus.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Remington College - Cleveland Campus.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 803 | $4,996 |
| Completed (graduates) | 537 | $5,950 |
| Did not complete | 266 | $4,021 |
On a standard 10-year plan, the median completing borrower would pay about $70.75/mo.
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 Remington College - Cleveland Campus.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 785 | — |
| No Stafford loan | 18 | — |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 761 | $5,131 |
| No Stafford loan this year | 42 | $2,331 |
The indicators below describe what the typical debt costs to pay back at Remington College - Cleveland Campus.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Remington College - Cleveland Campus is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.7% |
| Borrowers in the cohort | 9947 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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 | $9,500 |
| Middle income | $9,500 |
| High income | $9,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Remington College - Cleveland Campus.
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.
Worth Knowing
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.