After Formations Institute: graduation, pay and debt

Enid, Oklahoma · For-profit · 48 undergrads

The typical student earns $22,058 ten years after starting and graduates leave with $5,500 in federal loans at the median.

The short answers

$22.1k

median pay 10 years after starting college.

$5,500

median federal debt at graduation.

42%

of borrowers were paying down their loans three years after leaving.

All the federal numbers

Finished a two-year program within three yearsCollege Scorecard

52%

Median pay 6 years after starting collegeCollege Scorecard

$18,719

Median pay 8 years after starting collegeCollege Scorecard

$19,740

Median pay 10 years after starting collegeCollege Scorecard

$22,058

Earning more than $25,000 six years after startingCollege Scorecard

24%

Pay is for students who got federal aid and are working, counted from the year they started college, whether or not they finished.

Median federal debt, students who graduatedCollege Scorecard

$5,500

Median federal debt, everyone who borrowed (finished or not)College Scorecard

$5,500

Paying down their loans 3 years after leavingCollege Scorecard

42%

Paying down their loans 5 years after leavingCollege Scorecard

40%

Paying down their loans 7 years after leavingCollege Scorecard

49%

Federal student loans only. Private loans and Parent PLUS loans aren't counted.

Where these numbers come from