by our College Data Analytics TeamHere you will find what students actually borrow to attend Career Center of Southern Illinois, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Among first-year students at Beck School of Practical Nursing, 77% of incoming undergraduates borrow in year one, with a typical loan of $7,025 each, across private and federal loan sources.
The average federally funded loan is $7,025. That is at or past the $5,500 federal first-year limit for the 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.
Counting every undergraduate at Beck School of Practical Nursing, 82% finance part of their studies with federal loans, averaging $6,793 each per year. That is 3.3% under the freshman federal average of $7,025.
Repeating that yearly amount projects to about $13,586 in two years and roughly $27,172 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 82% |
| Average federal loan per year | $6,793 |
| Undergraduates with a federal loan | 92 |
| Total federal loans (one year) | $624,972 |
The median student at Beck School of Practical Nursing borrows $10,221 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $10,221 |
| Students who completed (graduates) | $15,170 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Beck School of Practical Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,700 |
| 25th percentile | $5,930 |
| 75th percentile | $15,170 |
| 90th percentile (highest-debt students) | $15,800 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Beck School of Practical Nursing.
These figures turn the debt totals into a monthly repayment picture for Beck School of Practical Nursing.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Beck School of Practical Nursing appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 18.7% |
| Borrowers in the cohort | 64 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $10,942 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $12,650 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Beck School of Practical 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.
Did You Know?
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.