by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Taylor Business Institute, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Taylor Business Institute specifically, 9% of incoming undergraduates borrow in year one, with a typical loan of $8,662 per borrower, covering both private and federal loans.
On the federal side, the average loan is $8,662. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. 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 Taylor Business Institute (freshmen included), 6% rely on federal student loans toward their education, at an average of $9,528 in federal loans per year. This works out to 10.0% higher than the $8,662 freshmen take on.
Borrowing the same amount each year would add up to roughly $19,056 over two years and about $38,112 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 6% |
| Average federal loan per year | $9,528 |
| Undergraduates with a federal loan | 4 |
| Total federal loans (one year) | $38,112 |
Graduating and withdrawing students at Taylor Business Institute carry a median federal debt of $4,554 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $4,554 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Taylor Business Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,686 |
| 25th percentile | $3,167 |
| 75th percentile | $18,109 |
| 90th percentile (highest-debt students) | $24,225 |
How wide this percentile range is tells you how much borrowing varies across students at Taylor Business Institute.
These figures turn the debt totals into a monthly repayment picture for Taylor Business Institute.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Taylor Business Institute is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.6% |
| Borrowers in the cohort | 184 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The Difference Between Subsidized and 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.