by our College Data Analytics TeamThis page focuses on the debt students take on to attend California Aeronautical University— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
At Santa Barbara Business College - Ventura, 85% of incoming undergraduates borrow in year one, borrowing on average $22,216 each — a figure that counts both private and federal student loans.
The average federally funded loan is $11,707. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Across the full undergraduate body at Santa Barbara Business College - Ventura (freshmen included), 61% borrow through federal student loan programs, averaging $12,577 per year. This works out to 7.4% greater than the $11,707 typical freshmen borrow.
Repeating that yearly amount projects to about $25,154 over two years and about $50,308 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 | 61% |
| Average federal loan per year | $12,577 |
| Undergraduates with a federal loan | 239 |
| Total federal loans (one year) | $3,005,957 |
The middle borrower at Santa Barbara Business College - Ventura owes $13,354 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,354 |
| Students who completed (graduates) | $30,705 |
| Students who withdrew | $9,418 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Santa Barbara Business College - Ventura.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,323 |
| 25th percentile | $5,343 |
| 75th percentile | $24,590 |
| 90th percentile (highest-debt students) | $33,292 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Santa Barbara Business College - Ventura.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Santa Barbara Business College - Ventura.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 82 | $65,057 |
| Completed (graduates) | 20 | $159,985 |
| Did not complete | 62 | $52,768 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $1902.39/mo.
These figures turn the debt totals into a monthly repayment picture for Santa Barbara Business College - Ventura.
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 Santa Barbara Business College - Ventura appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.7% |
| Borrowers in the cohort | 359 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,415 |
| Middle income | $19,438 |
| High income | $7,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,261 |
| Continuing-generation students | $14,167 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,264 |
| Independent students | $10,690 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Santa Barbara Business College - Ventura.
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.
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.