by our College Data Analytics TeamThis page focuses on the debt students take on to attend St. Peter’s Hospital College of Nursing, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
For incoming students at St. Peter’s Hospital College of Nursing, 0% of incoming undergraduates borrow in year one.
Across the full undergraduate body at St. Peter’s Hospital College of Nursing (freshmen included), 52% rely on federal student loans toward their education, borrowing on average $7,295 annually.
Borrowing the same amount each year would add up to roughly $14,590 across two years and $29,180 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 52% |
| Average federal loan per year | $7,295 |
| Undergraduates with a federal loan | 65 |
| Total federal loans (one year) | $474,160 |
The middle borrower at St. Peter’s Hospital College of Nursing owes $13,322 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,322 |
| Students who completed (graduates) | $14,745 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for St. Peter’s Hospital College of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $6,500 |
| 75th percentile | $19,783 |
The indicators below describe what the typical debt costs to pay back at St. Peter’s Hospital College of Nursing.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for St. Peter’s Hospital College of Nursing appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.8% |
| Borrowers in the cohort | 51 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $16,350 |
| Middle income | $12,443 |
| High income | $12,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $15,007 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at St. Peter’s Hospital College of Nursing.
Subsidized vs. 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?
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.