by our College Data Analytics TeamThis page focuses on the debt students take on to attend Huntsville Bible College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Counting every undergraduate at Huntsville Bible College, 55% finance part of their studies with federal loans, for a typical $7,227 annually.
Borrowing the same amount each year would add up to roughly $14,454 by year two and around $28,908 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 55% |
| Average federal loan per year | $7,227 |
| Undergraduates with a federal loan | 44 |
| Total federal loans (one year) | $317,992 |
The middle borrower at Huntsville Bible College owes $28,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $28,500 |
| Students who completed (graduates) | $40,500 |
| Students who withdrew | $23,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
These figures turn the debt totals into a monthly repayment picture for Huntsville Bible College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Huntsville Bible College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 14.2% |
| Borrowers in the cohort | 3 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $28,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Huntsville Bible College.
The Difference Between Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
Important to Remember
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.