by our College Data Analytics TeamBelow is federal data on the loans students use to pay for CAAN Academy of Nursing, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Among all degree-seeking undergrads at CAAN Academy of Nursing, 51% rely on federal student loans toward their education, with a mean of $7,817 each per year.
Borrowing the same amount each year would add up to roughly $15,634 in two years and roughly $31,268 by the fourth year. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 51% |
| Average federal loan per year | $7,817 |
| Undergraduates with a federal loan | 72 |
| Total federal loans (one year) | $562,834 |
The middle borrower at CAAN Academy of Nursing owes $9,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $12,766 |
| 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 indicators below describe what the typical debt costs to pay back at CAAN Academy of Nursing.
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
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.