by our College Data Analytics TeamThis page focuses on the debt students take on to attend The Ohio Media School-Columbus— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
For incoming students at The Ohio Media School-Columbus, 81% of first-year students take on loan debt, for an average of $7,764 per borrower, covering both private and federal loans.
The average federally funded loan is $7,764. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at The Ohio Media School-Columbus, 71% take out federal student loans, for a typical $7,298 per year. It comes to 6.0% less than the $7,764 borrowed by freshmen.
Borrowing at that rate every year works out to about $14,596 after two years and $29,192 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 71% |
| Average federal loan per year | $7,298 |
| Undergraduates with a federal loan | 102 |
| Total federal loans (one year) | $744,385 |
Graduating and withdrawing students at The Ohio Media School-Columbus carry a median federal debt of $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for The Ohio Media School-Columbus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at The Ohio Media School-Columbus.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at The Ohio Media School-Columbus.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 109 | $10,210 |
| Completed (graduates) | 80 | $10,613 |
| Did not complete | 29 | $8,011 |
On a standard 10-year plan, the median completing borrower would pay about $126.2/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at The Ohio Media School-Columbus.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 82 | $10,463 |
| No Stafford loan this year | 27 | $9,755 |
These figures turn the debt totals into a monthly repayment picture for The Ohio Media School-Columbus.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for The Ohio Media School-Columbus is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.5% |
| Borrowers in the cohort | 571 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for The Ohio Media School-Columbus.
Subsidized vs. 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.
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.