by our College Data Analytics TeamThis page focuses on the debt students take on to attend Remington College-Memphis Campus— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
For incoming students at Remington College - Memphis Campus, 72% of incoming undergraduates borrow in year one, at roughly $8,732 per borrower, covering both private and federal loans.
On the federal side, the average loan is $8,804. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at Remington College - Memphis Campus, 49% borrow through federal student loan programs, for a typical $8,688 per year. This is 1.3% less than the $8,804 typical freshmen borrow.
Repeating that yearly amount projects to about $17,376 in two years and roughly $34,752 over a four-year span. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 49% |
| Average federal loan per year | $8,688 |
| Undergraduates with a federal loan | 189 |
| Total federal loans (one year) | $1,642,060 |
The middle borrower at Remington College - Memphis Campus owes $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $13,271 |
| 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 Remington College - Memphis 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 - Memphis Campus.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Remington College - Memphis Campus.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 803 | $4,996 |
| Completed (graduates) | 537 | $5,950 |
| Did not complete | 266 | $4,021 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $70.75/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Remington College - Memphis Campus.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 785 | — |
| No Stafford loan | 18 | — |
Borrowers With a Stafford Loan This Year
| 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 - Memphis Campus.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Remington College - Memphis Campus is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.7% |
| Borrowers in the cohort | 9947 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $9,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Remington College - Memphis Campus.
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.
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.