by our College Data Analytics TeamThis page focuses on the debt students take on to attend Trend Setters School: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
At Trend Setters School, 85% of first-year students take on loan debt, for an average of $7,404 each, across private and federal loan sources.
Federal loans alone average $7,404. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Looking at all undergraduates at Trend Setters School, freshmen included, 72% rely on federal student loans toward their education, borrowing on average $8,364 a year. That is 13.0% greater than the $7,404 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $16,728 in two years and roughly $33,456 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 72% |
| Average federal loan per year | $8,364 |
| Undergraduates with a federal loan | 73 |
| Total federal loans (one year) | $610,604 |
The median student at Trend Setters School borrows $9,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $10,667 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Repayment burden translates the debt figures into what a borrower actually pays each month. Trend Setters School.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Trend Setters School follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 20.8% |
| Borrowers in the cohort | 23 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,917 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $10,084 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Trend Setters School.
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.
Important to Remember
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.