by our College Data Analytics TeamThis page focuses on the debt students take on to attend Arnot Ogden Medical Center— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
At Arnot Ogden Medical Center specifically, 67% of first-year students take on loan debt, at roughly $5,444 per borrower, covering both private and federal loans.
The typical federal loan comes to $5,444, which is 99.0% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Across the full undergraduate body at Arnot Ogden Medical Center (freshmen included), 86% use federal student loans to help pay for their education, at an average of $7,515 in federal loans per year. This works out to 38.0% greater than the $5,444 borrowed by freshmen.
At a steady annual pace, that totals around $15,030 after two years and $30,060 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 86% |
| Average federal loan per year | $7,515 |
| Undergraduates with a federal loan | 25 |
| Total federal loans (one year) | $187,884 |
Graduating and withdrawing students at Arnot Ogden Medical Center carry a median federal debt of $10,750 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $10,750 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Arnot Ogden Medical Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $11,998 |
| 75th percentile | $30,000 |
The indicators below describe what the typical debt costs to pay back at Arnot Ogden Medical Center.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Arnot Ogden Medical Center is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.2% |
| Borrowers in the cohort | 31 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The Difference Between Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Worth Knowing
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.