by our College Data Analytics TeamHere you will find what students actually borrow to attend Jacksonville College-Main Campus: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
At Jacksonville Baptist College, 3% of first-year students take on loan debt, at roughly $10,833 each — a figure that counts both private and federal student loans.
Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Undergraduates with a federal loan | 0 |
| Total federal loans (one year) | $0 |
The middle borrower at Jacksonville Baptist College owes $3,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,500 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Jacksonville Baptist College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $1,750 |
| 75th percentile | $4,500 |
The indicators below describe what the typical debt costs to pay back at Jacksonville Baptist 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 Jacksonville Baptist College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 0 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Did You Know?
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.