by our College Data Analytics TeamHere you will find what students actually borrow to attend Mercy College of Health Sciences, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Mercy College of Health Sciences specifically, 57% of first-year students take on loan debt, at roughly $8,692 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $6,503. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Looking at all undergraduates at Mercy College of Health Sciences, freshmen included, 63% rely on federal student loans toward their education, for a typical $7,082 a year. This works out to 8.9% greater than the first-year federal average of $6,503.
Borrowing at that rate every year works out to about $14,164 after two years and $28,328 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 63% |
| Average federal loan per year | $7,082 |
| Undergraduates with a federal loan | 573 |
| Total federal loans (one year) | $4,057,843 |
The median student at Mercy College of Health Sciences borrows $12,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,500 |
| Students who completed (graduates) | $14,745 |
| Students who withdrew | $6,667 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Mercy College of Health Sciences.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,668 |
| 25th percentile | $7,479 |
| 75th percentile | $25,000 |
| 90th percentile (highest-debt students) | $32,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Mercy College of Health Sciences.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Mercy College of Health Sciences.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 157 | $17,536 |
| Completed (graduates) | 99 | $23,678 |
| Did not complete | 58 | $11,501 |
On a standard 10-year plan, the median completing borrower would pay about $281.56/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 Mercy College of Health Sciences.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 141 | — |
| No Stafford loan this year | 16 | — |
The indicators below describe what the typical debt costs to pay back at Mercy College of Health Sciences.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Mercy College of Health Sciences follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.4% |
| Borrowers in the cohort | 366 |
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 | $12,500 |
| Middle income | $12,500 |
| High income | $9,975 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,500 |
| Continuing-generation students | $12,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,166 |
| Independent students | $12,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Mercy College of Health Sciences.
The Difference Between 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?
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.