CMC Student Debt for 2018-2019 Academic Year Graduates

The number of students who started as first-time postsecondary students and received a bachelor’s degree between July 1, 2018 and June 30, 2019 = 308

  Graduates who borrowed any time while enrolled at CMC Percent of graduates who borrowed Average cumulative principal per borrower Total Principal Borrowed
Graduates who borrowed through the Federal Perkins, Federal Direct Subsidized and Unsubsidized, Federal Stafford Subsidized and Unsubsidized, Institutional, State, and Private Loan Programs 110 36% $21,450 $2,359,450
Graduates who borrowed a federal loan at any time including: Federal Perkins, Federal Direct Subsidized and Unsubsidized, Federal Stafford Subsidized and Unsubsidized loans 94 31% $15,960 $1,500,238
Graduates who borrowed institutional loans 55 18% $7,994 $439,645
Graduates who borrowed state loans 0 0% $0 $0
Graduates who borrowed private alternative loans made by a bank or a lender 9 3% $46,619 $419,567