by our College Data Analytics TeamHere you will find what students actually borrow to attend Harmony Health Care Institute: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
At Harmony Health Care Institute specifically, 47% of freshmen borrow to help pay for their first year, at roughly $6,695 per borrower, covering both private and federal loans.
The average federally funded loan is $6,695. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Looking at all undergraduates at Harmony Health Care Institute, freshmen included, 41% use federal student loans to help pay for their education, averaging $7,348 in federal loans per year. That amounts to 9.8% above the $6,695 freshmen take on.
Borrowing at that rate every year works out to about $14,696 in two years and roughly $29,392 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 | 41% |
| Average federal loan per year | $7,348 |
| Undergraduates with a federal loan | 90 |
| Total federal loans (one year) | $661,292 |
The median student at Harmony Health Care Institute borrows $12,264 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,264 |
| Students who completed (graduates) | $12,685 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Repayment burden translates the debt figures into what a borrower actually pays each month. Harmony Health Care Institute.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,685 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Harmony Health Care Institute.
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.
Worth Knowing
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.