by our College Data Analytics TeamHere you will find what students actually borrow to attend Woodruff Medical Training and Testing: 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.
Among first-year students at Woodruff Medical Training and Testing, 98% of new students use loans toward freshman-year expenses, at roughly $7,259 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $7,259. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at Woodruff Medical Training and Testing, 63% take out federal student loans, borrowing on average $6,746 per year. This is 7.1% less than the $7,259 freshmen take on.
Repeating that yearly amount projects to about $13,492 across two years and $26,984 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 | 63% |
| Average federal loan per year | $6,746 |
| Undergraduates with a federal loan | 80 |
| Total federal loans (one year) | $539,656 |
The middle borrower at Woodruff Medical Training and Testing owes $7,917 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,917 |
| Students who completed (graduates) | $7,917 |
| Students who withdrew | $5,270 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Woodruff Medical Training and Testing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,959 |
| 25th percentile | $4,584 |
| 75th percentile | $7,917 |
| 90th percentile (highest-debt students) | $7,917 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Woodruff Medical Training and Testing.
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 Woodruff Medical Training and Testing.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 39 | $5,100 |
These figures turn the debt totals into a monthly repayment picture for Woodruff Medical Training and Testing.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,917 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,917 |
| Continuing-generation students | $9,104 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,271 |
| Independent students | $7,917 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Woodruff Medical Training and Testing.
The Difference Between 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.
Worth Knowing
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.