by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Laboure College of Healthcare: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Laboure College, 50% of new students use loans toward freshman-year expenses, at roughly $5,500 per student, private and federal loans combined.
Federal loans alone average $5,500, or about 100.0% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
For undergraduates overall at Laboure College, 68% borrow through federal student loan programs, for a typical $8,140 annually. This is 48.0% higher than the $5,500 typical freshmen borrow.
Borrowing at that rate every year works out to about $16,280 over two years and about $32,560 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 68% |
| Average federal loan per year | $8,140 |
| Undergraduates with a federal loan | 486 |
| Total federal loans (one year) | $3,955,913 |
The middle borrower at Laboure College owes $15,998 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,998 |
| Students who completed (graduates) | $25,250 |
| Students who withdrew | $10,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Laboure College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $7,500 |
| 75th percentile | $25,500 |
| 90th percentile (highest-debt students) | $33,750 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Laboure College.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Laboure College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 234 | $15,912 |
| Completed (graduates) | 107 | $15,825 |
| Did not complete | 127 | $17,000 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $188.18/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Laboure College.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 206 | $17,031 |
| No Stafford loan this year | 28 | $8,545 |
The indicators below describe what the typical debt costs to pay back at Laboure 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 Laboure College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.5% |
| Borrowers in the cohort | 254 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $18,345 |
| Middle income | $15,973 |
| High income | $14,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,000 |
| Continuing-generation students | $15,833 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,000 |
| Independent students | $15,903 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Laboure College.
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.
Worth Knowing
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.