by our College Data Analytics TeamHere you will find what students actually borrow to attend Ross Medical Education Center - Flint: 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.
At Ross - Flint specifically, 69% of freshmen borrow to help pay for their first year, borrowing on average $8,270 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $5,934. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Across the full undergraduate body at Ross - Flint (freshmen included), 61% borrow through federal student loan programs, averaging $6,309 per year. That amounts to 6.3% more than the freshman federal average of $5,934.
At a steady annual pace, that totals around $12,618 over two years and about $25,236 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 61% |
| Average federal loan per year | $6,309 |
| Undergraduates with a federal loan | 97 |
| Total federal loans (one year) | $611,940 |
The middle borrower at Ross - Flint owes $7,504 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,504 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,750 |
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 Ross - Flint.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
How wide this percentile range is tells you how much borrowing varies across students at Ross - Flint.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Ross - Flint.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 65 | $5,925 |
| Completed (graduates) | 44 | $5,962 |
| Did not complete | 21 | $5,798 |
On a standard 10-year plan, the median completing borrower would pay about $70.89/mo.
These figures turn the debt totals into a monthly repayment picture for Ross - Flint.
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 Ross - Flint follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 13.0% |
| Borrowers in the cohort | 1497 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,599 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Ross - Flint.
The Difference Between Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
Did You Know?
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.