by our College Data Analytics TeamBelow is federal data on the loans students use to pay for AMG School of Nursing: 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 AMG School of Licensed Practical Nursing specifically, 99% of incoming undergraduates borrow in year one, for an average of $12,096 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $11,976. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
For undergraduates overall at AMG School of Licensed Practical Nursing, 88% rely on federal student loans toward their education, at an average of $11,976 each per year.
Repeating that yearly amount projects to about $23,952 by year two and around $47,904 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 88% |
| Average federal loan per year | $11,976 |
| Undergraduates with a federal loan | 520 |
| Total federal loans (one year) | $6,227,594 |
The middle borrower at AMG School of Licensed Practical Nursing owes $9,942 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,942 |
| Students who completed (graduates) | $14,167 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for AMG School of Licensed Practical Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $14,167 |
| 90th percentile (highest-debt students) | $14,167 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at AMG School of Licensed Practical Nursing.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at AMG School of Licensed Practical Nursing.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 50 | $11,841 |
| Completed (graduates) | 24 | $15,617 |
| Did not complete | 26 | $9,609 |
On a standard 10-year plan, the median completing borrower would pay about $185.7/mo.
These figures turn the debt totals into a monthly repayment picture for AMG School of Licensed Practical Nursing.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,412 |
| Middle income | $9,500 |
| High income | $9,834 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,083 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,834 |
| Independent students | $13,571 |
Federal data publishes the following gap measures for AMG School of Licensed Practical Nursing.
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.