by our College Data Analytics TeamHere you will find what students actually borrow to attend Belanger School of Nursing— 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.
At Belanger School of Nursing specifically, 100% of new students use loans toward freshman-year expenses, for an average of $10,293 each — a figure that counts both private and federal student loans.
Federal loans alone average $5,939. 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.
Among all degree-seeking undergrads at Belanger School of Nursing, 21% rely on federal student loans toward their education, with a mean of $5,555 each per year. That is 6.5% lower than the freshman federal average of $5,939.
Borrowing at that rate every year works out to about $11,110 by year two and around $22,220 across a four-year program. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 21% |
| Average federal loan per year | $5,555 |
| Undergraduates with a federal loan | 28 |
| Total federal loans (one year) | $155,532 |
The median student at Belanger School of Nursing borrows $11,750 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $11,750 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Belanger School of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $4,750 |
| 75th percentile | $17,000 |
| 90th percentile (highest-debt students) | $20,000 |
How wide this percentile range is tells you how much borrowing varies across students at Belanger School of Nursing.
Repayment burden translates the debt figures into what a borrower actually pays each month. Belanger School 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. Two-year cohort default-rate data for Belanger School of Nursing appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.0% |
| Borrowers in the cohort | 50 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Middle income | $13,375 |
Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
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.