by our College Data Analytics TeamHere you will find what students actually borrow to attend Stellar Career College— 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 Stellar Career College, 96% of incoming students take out a loan to help cover first-year costs, with a typical loan of $6,195 per borrower, covering both private and federal loans.
Federal loans alone average $6,195. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Stellar Career College, freshmen included, 85% rely on federal student loans toward their education, at an average of $6,195 per year.
Borrowing at that rate every year works out to about $12,390 over two years and about $24,780 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 | 85% |
| Average federal loan per year | $6,195 |
| Undergraduates with a federal loan | 115 |
| Total federal loans (one year) | $712,402 |
The median student at Stellar Career College borrows $4,688 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $4,688 |
| Students who completed (graduates) | $4,834 |
| Students who withdrew | $3,694 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
These figures turn the debt totals into a monthly repayment picture for Stellar Career College.
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 Stellar Career College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.4% |
| Borrowers in the cohort | 59 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $4,750 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,278 |
| Independent students | $4,750 |
Subsidized and 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.
Important to Remember
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.