by our College Data Analytics TeamThis page focuses on the debt students take on to attend Concordia University-Nebraska— 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.
Looking at the entering class at Concordia University, Nebraska, 70% of incoming undergraduates borrow in year one, averaging $7,522 each — a figure that counts both private and federal student loans.
The average federally funded loan is $5,113, amounting to 93.0% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Among all degree-seeking undergrads at Concordia University, Nebraska, 60% borrow through federal student loan programs, for a typical $8,593 a year. This works out to 68.1% larger than the first-year federal average of $5,113.
Carrying that yearly figure forward comes to roughly $17,186 across two years and $34,372 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 60% |
| Average federal loan per year | $8,593 |
| Undergraduates with a federal loan | 773 |
| Total federal loans (one year) | $6,642,047 |
Graduating and withdrawing students at Concordia University, Nebraska carry a median federal debt of $18,750 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $18,750 |
| Students who completed (graduates) | $25,750 |
| Students who withdrew | $7,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Concordia University, Nebraska.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,735 |
| 25th percentile | $5,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $31,500 |
How wide this percentile range is tells you how much borrowing varies across students at Concordia University, Nebraska.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Concordia University, Nebraska.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 503 | $17,300 |
| Completed (graduates) | 353 | $18,850 |
| Did not complete | 150 | $14,667 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $224.15/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Concordia University, Nebraska.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 419 | $17,534 |
| No Stafford loan this year | 84 | $12,000 |
These figures turn the debt totals into a monthly repayment picture for Concordia University, Nebraska.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Concordia University, Nebraska appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 1.9% |
| Borrowers in the cohort | 361 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $14,250 |
| Middle income | $19,500 |
| High income | $19,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $20,086 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $10,951 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Concordia University, Nebraska.
Subsidized vs. 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
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.