by our College Data Analytics TeamHere you will find what students actually borrow to attend Atenas University: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
At Atenas College specifically, 12% of incoming students take out a loan to help cover first-year costs, averaging $4,347 per borrower, covering both private and federal loans.
Federal loans alone average $4,347, amounting to 79.0% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Looking at all undergraduates at Atenas College, freshmen included, 12% rely on federal student loans toward their education, at an average of $5,639 in federal loans per year. It comes to 29.7% higher than the $4,347 freshmen take on.
Borrowing at that rate every year works out to about $11,278 by year two and around $22,556 by the fourth year. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 12% |
| Average federal loan per year | $5,639 |
| Undergraduates with a federal loan | 65 |
| Total federal loans (one year) | $366,552 |
Graduating and withdrawing students at Atenas College carry a median federal debt of $6,600 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,600 |
| Students who completed (graduates) | $6,525 |
| Students who withdrew | $6,825 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The indicators below describe what the typical debt costs to pay back at Atenas College.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,332 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Atenas College.
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.
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.