by our College Data Analytics TeamHere you will find what students actually borrow to attend Ross Medical Education Center - Ontario: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
At Ross - Ontario, 84% of first-year students take on loan debt, for an average of $8,263 per borrower, covering both private and federal loans.
On the federal side, the average loan is $6,101. This is at or above the $5,500 first-year federal borrowing cap that applies to 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 - Ontario (freshmen included), 63% rely on federal student loans toward their education, at an average of $6,249 per year. This is 2.4% larger than the $6,101 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $12,498 over two years and about $24,996 across a four-year program. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 63% |
| Average federal loan per year | $6,249 |
| Undergraduates with a federal loan | 54 |
| Total federal loans (one year) | $337,444 |
The middle borrower at Ross - Ontario owes $7,719 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,719 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $3,969 |
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 - Ontario.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,596 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Ross - Ontario.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Ross - Ontario.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 125 | $6,961 |
| Completed (graduates) | 94 | $7,534 |
| Did not complete | 31 | $6,000 |
On a standard 10-year plan, the median completing borrower would pay about $89.59/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Ross - Ontario.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 95 | $7,834 |
| No Stafford loan this year | 30 | $4,424 |
These figures turn the debt totals into a monthly repayment picture for Ross - Ontario.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Ross - Ontario follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.4% |
| Borrowers in the cohort | 1213 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,609 |
| Middle income | $7,000 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,750 |
| Continuing-generation students | $7,221 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Ross - Ontario.
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.