by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Strayer University-Florida: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
At Strayer University - Florida specifically, 33% of freshmen borrow to help pay for their first year, borrowing on average $5,876 per borrower, covering both private and federal loans.
On the federal side, the average loan is $5,876. 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.
For undergraduates overall at Strayer University - Florida, 86% finance part of their studies with federal loans, averaging $9,728 in federal loans per year. This works out to 65.6% larger than the freshman federal average of $5,876.
At a steady annual pace, that totals around $19,456 by year two and around $38,912 over four years. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 86% |
| Average federal loan per year | $9,728 |
| Undergraduates with a federal loan | 1,124 |
| Total federal loans (one year) | $10,934,376 |
The median student at Strayer University - Florida borrows $14,000 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $14,000 |
| Students who completed (graduates) | $40,621 |
| Students who withdrew | $12,592 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Strayer University - Florida.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $4,667 |
| 75th percentile | $26,250 |
| 90th percentile (highest-debt students) | $43,000 |
How wide this percentile range is tells you how much borrowing varies across students at Strayer University - Florida.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Strayer University - Florida.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 4995 | $8,000 |
| Completed (graduates) | 1384 | $8,554 |
| Did not complete | 3611 | $7,835 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $101.72/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Strayer University - Florida.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 4953 | $8,000 |
| No Stafford loan | 42 | $4,000 |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 3585 | $7,504 |
| No Stafford loan this year | 1410 | $9,309 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Strayer University - Florida.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Strayer University - Florida is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.5% |
| Borrowers in the cohort | 25801 |
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 | $12,667 |
| Middle income | $20,636 |
| High income | $22,364 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,558 |
| Continuing-generation students | $17,275 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $15,040 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Strayer University - Florida.
Subsidized and 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.
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.