by our College Data Analytics TeamThis page focuses on the debt students take on to attend Weill Medical College of Cornell University: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
The median student at Weill Cornell Medical College borrows $13,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,000 |
| Students who completed (graduates) | $14,000 |
| Students who withdrew | $6,934 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Weill Cornell Medical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,501 |
| 25th percentile | $5,962 |
| 75th percentile | $19,677 |
| 90th percentile (highest-debt students) | $26,633 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Weill Cornell Medical College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Weill Cornell Medical College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 987 | $35,000 |
| Completed (graduates) | 831 | $38,000 |
| Did not complete | 156 | $24,178 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $451.86/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Weill Cornell Medical College.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 947 | $34,734 |
| No Stafford loan | 40 | $56,971 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 748 | $37,709 |
| No Stafford loan this year | 239 | $27,770 |
These figures turn the debt totals into a monthly repayment picture for Weill Cornell Medical College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Weill Cornell Medical College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 1.2% |
| Borrowers in the cohort | 2751 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,800 |
| Middle income | $11,100 |
| High income | $14,170 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,155 |
| Continuing-generation students | $13,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,000 |
| Independent students | $9,104 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Weill Cornell Medical College.
Subsidized vs. 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?
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.