by our College Data Analytics TeamThis page focuses on the debt students take on to attend Henrico County-Saint Marys Hospital School of Practical Nursing: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Across the full undergraduate body at Henrico County-Saint Marys Hospital School of Practical Nursing (freshmen included), 21% borrow through federal student loan programs, averaging $4,895 annually.
Borrowing the same amount each year would add up to roughly $9,790 by year two and around $19,580 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 21% |
| Average federal loan per year | $4,895 |
| Undergraduates with a federal loan | 22 |
| Total federal loans (one year) | $107,694 |
Graduating and withdrawing students at Henrico County-Saint Marys Hospital School of Practical Nursing carry a median federal debt of $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Henrico County-Saint Marys Hospital School of Practical Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,250 |
| 75th percentile | $16,500 |
The indicators below describe what the typical debt costs to pay back at Henrico County-Saint Marys Hospital School of Practical Nursing.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Henrico County-Saint Marys Hospital School of Practical Nursing is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.5% |
| Borrowers in the cohort | 16 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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.
Important to Remember
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.