by our College Data Analytics TeamHere you will find what students actually borrow to attend Boise Bible College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
At Boise Bible College specifically, 48% of freshmen borrow to help pay for their first year, with a typical loan of $4,896 per borrower, covering both private and federal loans.
The average federally funded loan is $4,896, or about 89.0% of the $5,500 first-year borrowing cap for the typical first-year dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Counting every undergraduate at Boise Bible College, 42% borrow through federal student loan programs, at an average of $5,967 each per year. That is 21.9% higher than the $4,896 borrowed by freshmen.
Borrowing at that rate every year works out to about $11,934 after two years and $23,868 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 42% |
| Average federal loan per year | $5,967 |
| Undergraduates with a federal loan | 42 |
| Total federal loans (one year) | $250,626 |
The middle borrower at Boise Bible College owes $12,749 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,749 |
| Students who withdrew | $5,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Boise Bible College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $7,000 |
| 75th percentile | $25,000 |
The indicators below describe what the typical debt costs to pay back at Boise Bible College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Boise Bible College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.5% |
| Borrowers in the cohort | 66 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
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.