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Northeast Lakeview College Student Debt & Borrowing

$5,500 Typical Student Debt
Very Low (<$10k) Debt Burden Category

Here you will find what students actually borrow to attend Northeast Lakeview College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.

First-Year Borrowing at Northeast Lakeview College

Looking at the entering class at Northeast Lakeview College, 4% of first-year students take on loan debt, with a typical loan of $5,463 per borrower, covering both private and federal loans.

The typical federal loan comes to $5,463, equal to roughly 99.3% of the typical first-year dependent student borrowing cap of $5,500. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.

Undergraduate Loan Averages for Northeast Lakeview College

Looking at all undergraduates at Northeast Lakeview College, freshmen included, 3% finance part of their studies with federal loans, borrowing on average $5,786 in federal loans per year. It comes to 5.9% more than the freshman federal average of $5,463.

Borrowing the same amount each year would add up to roughly $11,572 over two years and about $23,144 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.

Undergraduate federal borrowingValue
Share using federal loans3%
Average federal loan per year$5,786
Undergraduates with a federal loan194
Total federal loans (one year)$1,122,493

Typical Student Debt at Northeast Lakeview College

The median student at Northeast Lakeview College borrows $5,500 in federal student loans.

Borrower groupMedian federal debt
All federal borrowers$5,500
Students who withdrew$5,453

Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.

Borrowing Including Parent and Grad PLUS Loans at Northeast Lakeview College

Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Northeast Lakeview College.

GroupBorrowersMedian debt incl. PLUS
All borrowers237$12,500

Borrowing by Loan Type at Northeast Lakeview College

The split below distinguishes Stafford borrowers from non-Stafford borrowers at Northeast Lakeview College.

Any-Stafford Borrowers

CohortBorrowersMedian debt incl. PLUS
Used a Stafford loan214$13,000
No Stafford loan23$8,818

Borrowers With a Stafford Loan This Year

CohortBorrowersMedian debt incl. PLUS
Stafford loan this year29$8,880
No Stafford loan this year208$13,150

Estimated Repayment for Northeast Lakeview College

These figures turn the debt totals into a monthly repayment picture for Northeast Lakeview College.

Median Debt by Student Group at Northeast Lakeview College

Borrowing varies by family income, by first-generation status, and by dependency status.

Borrowing by Income Tier

Income tierMedian federal debt
Low income$6,000
Middle income$5,500
High income$4,950

By First-Generation Status

CohortMedian federal debt
First-generation students$5,500
Continuing-generation students$5,051

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$4,000
Independent students$8,000

Debt Equity Indicators at Northeast Lakeview College

Federal data publishes the following gap measures for Northeast Lakeview College.

What to Know Before You Borrow

Subsidized vs. Unsubsidized Loans

Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.

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.

External Resources

References

More about our data sources and methodologies.

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