by our College Data Analytics TeamHere you will find what students actually borrow to attend Helene Fuld College of Nursing, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at HFCN, 67% of first-year students take on loan debt, for an average of $9,401 each, across private and federal loan sources.
The average federally funded loan is $9,401. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at HFCN, 82% take out federal student loans, borrowing on average $8,415 per year. This is 10.5% under the first-year federal average of $9,401.
Carrying that yearly figure forward comes to roughly $16,830 by year two and around $33,660 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 82% |
| Average federal loan per year | $8,415 |
| Undergraduates with a federal loan | 593 |
| Total federal loans (one year) | $4,989,934 |
The middle borrower at HFCN owes $14,292 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $14,292 |
| Students who completed (graduates) | $15,250 |
| Students who withdrew | $7,126 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 HFCN.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,417 |
| 75th percentile | $16,357 |
| 90th percentile (highest-debt students) | $20,750 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at HFCN.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for HFCN.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 90 | $8,636 |
The split below distinguishes Stafford borrowers from non-Stafford borrowers at HFCN.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 80 | — |
| No Stafford loan this year | 10 | — |
The indicators below describe what the typical debt costs to pay back at HFCN.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for HFCN appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.2% |
| Borrowers in the cohort | 216 |
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 | $14,250 |
| Middle income | $14,861 |
| High income | $15,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,875 |
| Continuing-generation students | $13,406 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,250 |
| Independent students | $14,953 |
Federal data publishes the following gap measures for HFCN.
Subsidized and 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.
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.