by our College Data Analytics TeamHere you will find what students actually borrow to attend Centra College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Looking at all undergraduates at Centra College of Nursing, freshmen included, 69% rely on federal student loans toward their education, at an average of $6,637 annually.
Carrying that yearly figure forward comes to roughly $13,274 over two years and about $26,548 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 69% |
| Average federal loan per year | $6,637 |
| Undergraduates with a federal loan | 147 |
| Total federal loans (one year) | $975,632 |
The middle borrower at Centra College of Nursing owes $12,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,000 |
| Students who completed (graduates) | $15,250 |
| Students who withdrew | $3,668 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Centra College of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $9,500 |
| 75th percentile | $20,000 |
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Centra College of Nursing.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 65 | $8,629 |
These figures turn the debt totals into a monthly repayment picture for Centra College of 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 Centra College of Nursing follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.4% |
| Borrowers in the cohort | 73 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $12,667 |
| Middle income | $11,400 |
| High income | $10,750 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,784 |
| Continuing-generation students | $15,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,125 |
| Independent students | $14,750 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Centra College of Nursing.
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.
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.