by our College Data Analytics TeamThis page focuses on the debt students take on to attend Asbury Theological Seminary— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Asbury Seminary.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,300 |
| 25th percentile | $2,000 |
| 75th percentile | $6,750 |
| 90th percentile (highest-debt students) | $9,250 |
How wide this percentile range is tells you how much borrowing varies across students at Asbury Seminary.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Asbury Seminary.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 89 | $12,938 |
| Completed (graduates) | 55 | $14,948 |
| Did not complete | 34 | $11,502 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $177.75/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Asbury Seminary.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 54 | $9,606 |
| No Stafford loan this year | 35 | $15,272 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Asbury Seminary.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Asbury Seminary appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.2% |
| Borrowers in the cohort | 267 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Subsidized and 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?
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.