by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Jefferson Lewis BOCES-Practical Nursing Program: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Among first-year students at Jefferson Lewis BOCES-Practical Nursing Program, 0% of first-year students take on loan debt.
Looking at all undergraduates at Jefferson Lewis BOCES-Practical Nursing Program, freshmen included, 100% take out federal student loans, borrowing on average $6,539 in federal loans per year.
At a steady annual pace, that totals around $13,078 in two years and roughly $26,156 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 100% |
| Average federal loan per year | $6,539 |
| Undergraduates with a federal loan | 19 |
| Total federal loans (one year) | $124,232 |
The median student at Jefferson Lewis BOCES-Practical Nursing Program borrows $4,750 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $4,750 |
| Students who completed (graduates) | $8,432 |
Half of all borrowers fall between the 25th and 75th percentiles shown below for Jefferson Lewis BOCES-Practical Nursing Program.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $3,569 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
How wide this percentile range is tells you how much borrowing varies across students at Jefferson Lewis BOCES-Practical Nursing Program.
These figures turn the debt totals into a monthly repayment picture for Jefferson Lewis BOCES-Practical Nursing Program.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Jefferson Lewis BOCES-Practical Nursing Program is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.3% |
| Borrowers in the cohort | 60 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,125 |
The Difference Between 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.
Did You Know?
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.