by our College Data Analytics TeamThis page focuses on the debt students take on to attend SIT Graduate Institute: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Undergraduates with a federal loan | 0 |
| Total federal loans (one year) | $0 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at SIT.Percentile Cumulative Federal Debt 25th percentile $2,000 75th percentile $5,000
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for SIT.Group Borrowers Median debt incl. PLUS All borrowers 19 $36,580
Repayment burden translates the debt figures into what a borrower actually pays each month. SIT.
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 SIT is shown below.Metric Value 2-year cohort default rate 1.7% Borrowers in the cohort 174
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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.
Worth Knowing
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.