by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Nash Community College: 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.
Among first-year students at Nash Community College, 7% of incoming students take out a loan to help cover first-year costs, for an average of $5,551 each — a figure that counts both private and federal student loans.
The average federally funded loan is $5,551. 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.
Across the full undergraduate body at Nash Community College (freshmen included), 9% take out federal student loans, borrowing on average $5,929 per year. It comes to 6.8% larger than the first-year federal average of $5,551.
Borrowing the same amount each year would add up to roughly $11,858 over two years and about $23,716 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 9% |
| Average federal loan per year | $5,929 |
| Undergraduates with a federal loan | 129 |
| Total federal loans (one year) | $764,856 |
The median student at Nash Community College borrows $7,199 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,199 |
| Students who completed (graduates) | $11,500 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Nash Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,000 |
| 75th percentile | $12,735 |
| 90th percentile (highest-debt students) | $21,058 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Nash Community College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Nash Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 168 | $10,054 |
| Completed (graduates) | 30 | $7,101 |
| Did not complete | 138 | $11,284 |
On a standard 10-year plan, the median completing borrower would pay about $84.44/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 Nash Community College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 31 | $7,000 |
| No Stafford loan this year | 137 | $11,000 |
These figures turn the debt totals into a monthly repayment picture for Nash Community College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Nash Community College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 0 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,500 |
| Middle income | $7,826 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,250 |
| Continuing-generation students | $6,497 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,079 |
Federal data publishes the following gap measures for Nash Community College.
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.
Important to Remember
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.