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 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, Institutional, State, and Private Loan Programs 97 32% $20,978 $2,034,831
Graduates who borrowed a federal loan at any time including: Federal Perkins, Federal Direct Subsidized and Unsubsidized loans 67 22% $12,203 $817,609
Graduates who borrowed institutional loans 82 27% $6,653 $545,568
Graduates who borrowed state loans 0 0% $0 $0
Graduates who borrowed private alternative loans made by a bank or a lender 11 4% $61,059 $671,654