by our College Data Analytics TeamThis page focuses on the debt students take on to attend Nebraska Methodist College of Nursing & Allied Health, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Nebraska Methodist College specifically, 65% of new students use loans toward freshman-year expenses, for an average of $7,273 each, across private and federal loan sources.
The average federally funded loan is $5,890. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Among all degree-seeking undergrads at Nebraska Methodist College, 65% rely on federal student loans toward their education, borrowing on average $8,528 a year. It comes to 44.8% more than the $5,890 freshmen take on.
Borrowing at that rate every year works out to about $17,056 in two years and roughly $34,112 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 65% |
| Average federal loan per year | $8,528 |
| Undergraduates with a federal loan | 487 |
| Total federal loans (one year) | $4,153,341 |
The middle borrower at Nebraska Methodist College owes $21,784 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $21,784 |
| Students who completed (graduates) | $23,417 |
| Students who withdrew | $9,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Nebraska Methodist College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,188 |
| 25th percentile | $9,500 |
| 75th percentile | $27,567 |
| 90th percentile (highest-debt students) | $38,813 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Nebraska Methodist College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Nebraska Methodist College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 231 | $18,000 |
| Completed (graduates) | 177 | $19,948 |
| Did not complete | 54 | $16,075 |
On a standard 10-year plan, the median completing borrower would pay about $237.2/mo.
Federal data lets us separate Stafford borrowers from the rest at Nebraska Methodist College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 204 | $18,460 |
| No Stafford loan this year | 27 | $14,790 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Nebraska Methodist College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Nebraska Methodist College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.0% |
| Borrowers in the cohort | 248 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $23,365 |
| Middle income | $18,750 |
| High income | $20,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,655 |
| Continuing-generation students | $21,875 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $21,875 |
Federal data publishes the following gap measures for Nebraska Methodist 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.
Did You Know?
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.