by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Jefferson County Dubois Area Vocational Technical Practical Nursing Program, 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 Jefferson County Dubois Area Vocational Technical Practical Nursing Program, 46% of incoming undergraduates borrow in year one, with a typical loan of $5,097 each, across private and federal loan sources.
The average federally funded loan is $5,097, equal to roughly 92.7% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at Jefferson County Dubois Area Vocational Technical Practical Nursing Program, 50% use federal student loans to help pay for their education, averaging $5,537 each per year. It comes to 8.6% larger than the freshman federal average of $5,097.
Carrying that yearly figure forward comes to roughly $11,074 over two years and about $22,148 across a four-year program. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 50% |
| Average federal loan per year | $5,537 |
| Undergraduates with a federal loan | 21 |
| Total federal loans (one year) | $116,272 |
Graduating and withdrawing students at Jefferson County Dubois Area Vocational Technical Practical Nursing Program carry a median federal debt of $9,855 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,855 |
The indicators below describe what the typical debt costs to pay back at Jefferson County Dubois Area Vocational Technical Practical Nursing Program.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Jefferson County Dubois Area Vocational Technical Practical Nursing Program is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 13.5% |
| Borrowers in the cohort | 29 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Subsidized vs. 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.