by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Nightingale College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
At Nightingale College, 90% of incoming students take out a loan to help cover first-year costs, with a typical loan of $11,121 per student, private and federal loans combined.
The average federal loan is $8,840. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Looking at all undergraduates at Nightingale College, freshmen included, 78% finance part of their studies with federal loans, at an average of $10,775 per year. That is 21.9% higher than the $8,840 typical freshmen borrow.
Borrowing at that rate every year works out to about $21,550 across two years and $43,100 across a four-year program. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 78% |
| Average federal loan per year | $10,775 |
| Undergraduates with a federal loan | 5,470 |
| Total federal loans (one year) | $58,941,585 |
The median student at Nightingale College borrows $10,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $10,500 |
| Students who completed (graduates) | $25,250 |
| Students who withdrew | $5,846 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Nightingale College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $9,500 |
| 75th percentile | $21,000 |
| 90th percentile (highest-debt students) | $25,250 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Nightingale College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Nightingale College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 82 | $7,538 |
| Completed (graduates) | 36 | $5,472 |
| Did not complete | 46 | $8,195 |
On a standard 10-year plan, the median completing borrower would pay about $65.07/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Nightingale College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 69 | — |
| No Stafford loan this year | 13 | — |
The indicators below describe what the typical debt costs to pay back at Nightingale College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Nightingale College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.1% |
| Borrowers in the cohort | 33 |
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 | $10,500 |
| Middle income | $10,750 |
| High income | $14,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,500 |
| Continuing-generation students | $14,750 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,544 |
| Independent students | $11,123 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Nightingale 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.