by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Hobe Sound Bible College, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Hobe Sound Bible College, 9% of freshmen borrow to help pay for their first year, for an average of $2,763 per borrower, covering both private and federal loans.
On the federal side, the average loan is $2,763, equal to roughly 50.2% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Across the full undergraduate body at Hobe Sound Bible College (freshmen included), 10% finance part of their studies with federal loans, borrowing on average $5,953 per year. That is 115.5% above the freshman federal average of $2,763.
Borrowing at that rate every year works out to about $11,906 by year two and around $23,812 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 10% |
| Average federal loan per year | $5,953 |
| Undergraduates with a federal loan | 12 |
| Total federal loans (one year) | $71,436 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Hobe Sound Bible College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,350 |
| 75th percentile | $9,750 |
These figures turn the debt totals into a monthly repayment picture for Hobe Sound Bible College.
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 Hobe Sound Bible College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.8% |
| Borrowers in the cohort | 21 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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?
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.