by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Aultman College of Nursing and Health Sciences— 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 Aultman College, 66% of incoming students take out a loan to help cover first-year costs, with a typical loan of $9,474 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $4,691, which is 85.3% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at Aultman College, 58% use federal student loans to help pay for their education, averaging $7,079 annually. That is 50.9% more than the $4,691 freshmen take on.
At a steady annual pace, that totals around $14,158 across two years and $28,316 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 58% |
| Average federal loan per year | $7,079 |
| Undergraduates with a federal loan | 134 |
| Total federal loans (one year) | $948,600 |
The middle borrower at Aultman College owes $13,531 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,531 |
| Students who completed (graduates) | $20,000 |
| Students who withdrew | $8,900 |
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 Aultman College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $7,334 |
| 75th percentile | $22,750 |
| 90th percentile (highest-debt students) | $29,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Aultman College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Aultman College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 50 | $19,249 |
| Completed (graduates) | 27 | $37,277 |
| Did not complete | 23 | $13,000 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $443.26/mo.
These figures turn the debt totals into a monthly repayment picture for Aultman College.
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 Aultman College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.4% |
| Borrowers in the cohort | 134 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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 | $16,012 |
| Middle income | $13,281 |
| High income | $12,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,531 |
| Continuing-generation students | $14,604 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $16,000 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Aultman College.
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.