by our College Data Analytics TeamHere you will find what students actually borrow to attend St Lukes Hospital School of Nursing, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Counting every undergraduate at St Lukes Hospital School of Nursing, 49% use federal student loans to help pay for their education, averaging $4,770 annually.
At a steady annual pace, that totals around $9,540 after two years and $19,080 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 | 49% |
| Average federal loan per year | $4,770 |
| Undergraduates with a federal loan | 168 |
| Total federal loans (one year) | $801,362 |
The middle borrower at St Lukes Hospital School of Nursing owes $9,834 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,834 |
| Students who completed (graduates) | $14,000 |
| Students who withdrew | $3,167 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for St Lukes Hospital School of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $8,487 |
| 75th percentile | $16,500 |
| 90th percentile (highest-debt students) | $16,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at St Lukes Hospital School of Nursing.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at St Lukes Hospital School of Nursing.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 38 | $13,973 |
Federal data lets us separate Stafford borrowers from the rest at St Lukes Hospital School of Nursing.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 28 | — |
| No Stafford loan this year | 10 | — |
These figures turn the debt totals into a monthly repayment picture for St Lukes Hospital School of Nursing.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for St Lukes Hospital School of Nursing follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.9% |
| Borrowers in the cohort | 76 |
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 |
|---|---|
| Low income | $13,500 |
| Middle income | $9,230 |
| High income | $9,834 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,834 |
| Continuing-generation students | $9,834 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,250 |
| Independent students | $14,900 |
Federal data publishes the following gap measures for St Lukes Hospital School of Nursing.
Subsidized vs. 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?
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.