by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Healthcare Career College, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Among first-year students at Healthcare Career College, 70% of new students use loans toward freshman-year expenses, for an average of $7,057 per student, private and federal loans combined.
The average federally funded loan is $6,632. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
For undergraduates overall at Healthcare Career College, 44% borrow through federal student loan programs, for a typical $6,751 per year. This works out to 1.8% more than the $6,632 borrowed by freshmen.
Repeating that yearly amount projects to about $13,502 in two years and roughly $27,004 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.Undergraduate federal borrowing Value Share using federal loans 44% Average federal loan per year $6,751 Undergraduates with a federal loan 331 Total federal loans (one year) $2,234,583
Graduating and withdrawing students at Healthcare Career College carry a median federal debt of $9,500 in federal student loans.Borrower group Median federal debt All federal borrowers $9,500 Students who completed (graduates) $9,500 Students who withdrew $9,453
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Healthcare Career College.Percentile Cumulative Federal Debt 10th percentile (lowest-debt students) $4,711 25th percentile $5,842 75th percentile $10,404 90th percentile (highest-debt students) $18,075
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Healthcare Career College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Healthcare Career College.Group Borrowers Median debt incl. PLUS All borrowers 44 $7,318
The indicators below describe what the typical debt costs to pay back at Healthcare Career College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Healthcare Career College follows.Metric Value 2-year cohort default rate 18.8% Borrowers in the cohort 255
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 BracketIncome tier Median federal debt Low income $9,500
First-Generation ComparisonCohort Median federal debt First-generation students $9,500 Continuing-generation students $19,720
By Dependency StatusCohort Median federal debt Dependent students $9,500 Independent students $9,500
The Department of Education computes gap indicators that show how borrowing differs between student groups at Healthcare Career College.
The Difference Between 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?
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.