by our College Data Analytics TeamThis page focuses on the debt students take on to attend The Modern College of Design, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at The Modern College of Design, 93% of incoming students take out a loan to help cover first-year costs, for an average of $6,572 each, across private and federal loan sources.
The typical federal loan comes to $5,663. 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 The Modern College of Design (freshmen included), 86% rely on federal student loans toward their education, with a mean of $6,721 a year. That is 18.7% higher than the first-year federal average of $5,663.
At a steady annual pace, that totals around $13,442 over two years and about $26,884 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 86% |
| Average federal loan per year | $6,721 |
| Undergraduates with a federal loan | 167 |
| Total federal loans (one year) | $1,122,326 |
Graduating and withdrawing students at The Modern College of Design carry a median federal debt of $12,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,000 |
| Students who completed (graduates) | $12,000 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at The Modern College of Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $8,000 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $16,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at The Modern College of Design.
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 The Modern College of Design.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 127 | $44,325 |
| Completed (graduates) | 92 | $51,927 |
| Did not complete | 35 | $30,161 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $617.47/mo.
The indicators below describe what the typical debt costs to pay back at The Modern College of Design.
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 The Modern College of Design appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.7% |
| Borrowers in the cohort | 77 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $12,000 |
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at The Modern College of Design.
Subsidized vs. 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.