by our College Data Analytics TeamHere you will find what students actually borrow to attend Providence Christian 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.
For incoming students at Providence Christian College, 50% of new students use loans toward freshman-year expenses, at roughly $11,479 per borrower, covering both private and federal loans.
The typical federal loan comes to $9,901. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at Providence Christian College, 54% borrow through federal student loan programs, for a typical $10,251 each per year. That amounts to 3.5% above the $9,901 borrowed by freshmen.
Borrowing at that rate every year works out to about $20,502 after two years and $41,004 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 54% |
| Average federal loan per year | $10,251 |
| Undergraduates with a federal loan | 78 |
| Total federal loans (one year) | $799,615 |
The middle borrower at Providence Christian College owes $14,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $14,500 |
| Students who completed (graduates) | $25,000 |
| Students who withdrew | $6,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Providence Christian College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $25,586 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Providence Christian College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Providence Christian College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 34 | $17,843 |
These figures turn the debt totals into a monthly repayment picture for Providence Christian College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Providence Christian College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.3% |
| Borrowers in the cohort | 12 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $12,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Providence Christian College.
Subsidized vs. 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.
Did You Know?
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.