by our College Data Analytics TeamHere you will find what students actually borrow to attend Central School of Practical Nursing: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Among first-year students at Central School of Practical Nursing, 48% of incoming undergraduates borrow in year one, for an average of $6,832 per borrower, covering both private and federal loans.
The average federal loan is $6,832. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Looking at all undergraduates at Central School of Practical Nursing, freshmen included, 50% borrow through federal student loan programs, for a typical $6,637 each per year. This works out to 2.9% lower than the $6,832 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $13,274 over two years and about $26,548 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 50% |
| Average federal loan per year | $6,637 |
| Undergraduates with a federal loan | 44 |
| Total federal loans (one year) | $292,048 |
The median student at Central School of Practical Nursing borrows $6,100 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,100 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Central School of Practical Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Central School of Practical Nursing.
The indicators below describe what the typical debt costs to pay back at Central School of Practical Nursing.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Central School of Practical Nursing appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.3% |
| Borrowers in the cohort | 46 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
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
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.