CMC Student Debt for 2021-2022 Academic Year Graduates

The number of students who started as first-time postsecondary students and received a bachelor’s degree between July 1, 2021 and June 30, 2022 = 307

 Graduates who borrowed any time while enrolled at CMCPercent of graduates who borrowedAverage cumulative principal per borrowerTotal Principal Borrowed
Graduates who borrowed through the Federal Perkins, Federal Direct Subsidized and Unsubsidized, Institutional, State, and Private Loan Programs9732%$20,978$2,034,831
Graduates who borrowed a federal loan at any time including: Federal Perkins, Federal Direct Subsidized and Unsubsidized loans6722%$12,203$817,609
Graduates who borrowed institutional loans8227%$6,653$545,568
Graduates who borrowed state loans00%$0$0
Graduates who borrowed private alternative loans made by a bank or a lender114%$61,059$671,654