by our College Data Analytics TeamHere you will find what students actually borrow to attend Asher College, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
For incoming students at Asher College, 23% of incoming students take out a loan to help cover first-year costs, with a typical loan of $5,708 per student, private and federal loans combined.
The average federally funded loan is $5,708. 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.
Across the full undergraduate body at Asher College (freshmen included), 60% rely on federal student loans toward their education, for a typical $5,823 in federal loans per year. This works out to 2.0% more than the $5,708 freshmen take on.
Borrowing at that rate every year works out to about $11,646 after two years and $23,292 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 60% |
| Average federal loan per year | $5,823 |
| Undergraduates with a federal loan | 649 |
| Total federal loans (one year) | $3,779,124 |
The middle borrower at Asher College owes $10,517 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $10,517 |
| Students who completed (graduates) | $14,166 |
| Students who withdrew | $4,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Asher College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,024 |
| 25th percentile | $4,750 |
| 75th percentile | $13,583 |
| 90th percentile (highest-debt students) | $17,375 |
How wide this percentile range is tells you how much borrowing varies across students at Asher College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Asher College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 32 | $6,643 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Asher College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Asher College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.2% |
| Borrowers in the cohort | 171 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $11,085 |
| Middle income | $10,289 |
| High income | $8,443 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,720 |
| Continuing-generation students | $10,134 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $11,786 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Asher College.
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.
Important to Remember
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.