by our College Data Analytics TeamHere you will find what students actually borrow to attend The Landing School, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At The Landing School, 55% of freshmen borrow to help pay for their first year, at roughly $12,228 per student, private and federal loans combined.
The typical federal loan comes to $8,812. This meets or exceeds the $5,500 cap on first-year federal borrowing 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.
Looking at all undergraduates at The Landing School, freshmen included, 33% take out federal student loans, borrowing on average $6,375 annually. It comes to 27.7% smaller than the $8,812 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $12,750 in two years and roughly $25,500 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 33% |
| Average federal loan per year | $6,375 |
| Undergraduates with a federal loan | 14 |
| Total federal loans (one year) | $89,250 |
The median student at The Landing School borrows $7,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,500 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at The Landing School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $12,000 |
These figures turn the debt totals into a monthly repayment picture for The Landing School.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for The Landing School appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.0% |
| Borrowers in the cohort | 18 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.