by our College Data Analytics TeamThis page focuses on the debt students take on to attend The Master’s University and Seminary— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
For incoming students at The Master’s University, 49% of first-year students take on loan debt, at roughly $8,114 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $5,370, which is 97.6% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at The Master’s University, freshmen included, 45% rely on federal student loans toward their education, with a mean of $6,499 annually. This works out to 21.0% larger than the $5,370 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $12,998 over two years and about $25,996 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 45% |
| Average federal loan per year | $6,499 |
| Undergraduates with a federal loan | 725 |
| Total federal loans (one year) | $4,711,507 |
The median student at The Master’s University borrows $16,327 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $16,327 |
| Students who completed (graduates) | $20,500 |
| Students who withdrew | $10,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at The Master’s University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,243 |
| 25th percentile | $7,500 |
| 75th percentile | $24,000 |
| 90th percentile (highest-debt students) | $29,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at The Master’s University.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at The Master’s University.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 170 | $21,511 |
| Completed (graduates) | 91 | $26,205 |
| Did not complete | 79 | $15,456 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $311.61/mo.
Federal data lets us separate Stafford borrowers from the rest at The Master’s University.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 134 | $25,186 |
| No Stafford loan this year | 36 | $13,429 |
Repayment burden translates the debt figures into what a borrower actually pays each month. The Master’s University.
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 The Master’s University is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.5% |
| Borrowers in the cohort | 313 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $14,500 |
| Middle income | $17,545 |
| High income | $17,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,838 |
| Continuing-generation students | $17,003 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,750 |
| Independent students | $12,729 |
Federal data publishes the following gap measures for The Master’s University.
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.
Did You Know?
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.