by our College Data Analytics TeamHere you will find what students actually borrow to attend Theatre of Arts— 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.
At TOA, 0% of incoming undergraduates borrow in year one.
Among all degree-seeking undergrads at TOA, 28% rely on federal student loans toward their education, for a typical $8,700 each per year.
At a steady annual pace, that totals around $17,400 after two years and $34,800 by the fourth year. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 28% |
| Average federal loan per year | $8,700 |
| Undergraduates with a federal loan | 10 |
| Total federal loans (one year) | $87,000 |
Graduating and withdrawing students at TOA carry a median federal debt of $7,489 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,489 |
Repayment burden translates the debt figures into what a borrower actually pays each month. TOA.
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
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.