by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Remington College-Mobile Campus: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Remington College - Mobile Campus, 77% of new students use loans toward freshman-year expenses, averaging $9,029 per student, private and federal loans combined.
The typical federal loan comes to $8,811. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at Remington College - Mobile Campus, 58% borrow through federal student loan programs, at an average of $7,675 a year. This works out to 12.9% below the $8,811 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $15,350 over two years and about $30,700 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 58% |
| Average federal loan per year | $7,675 |
| Undergraduates with a federal loan | 141 |
| Total federal loans (one year) | $1,082,198 |
The median student at Remington College - Mobile Campus borrows $9,500 of cumulative federal debt.
| 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 - Mobile 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 - Mobile Campus.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Remington College - Mobile 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.
Federal data lets us separate Stafford borrowers from the rest at Remington College - Mobile Campus.
Borrowers With Any Stafford Loan
| 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 - Mobile Campus.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Remington College - Mobile 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.
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 |
First-Generation Comparison
| 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 - Mobile Campus.
Subsidized vs. 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.