by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Bushnell University: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Bushnell University, 59% of new students use loans toward freshman-year expenses, borrowing on average $6,733 per borrower, covering both private and federal loans.
Federal loans alone average $5,229, which is 95.1% of the typical first-year dependent student borrowing cap of $5,500. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Looking at all undergraduates at Bushnell University, freshmen included, 61% borrow through federal student loan programs, for a typical $7,336 a year. This works out to 40.3% more than the $5,229 typical freshmen borrow.
At a steady annual pace, that totals around $14,672 in two years and roughly $29,344 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 61% |
| Average federal loan per year | $7,336 |
| Undergraduates with a federal loan | 325 |
| Total federal loans (one year) | $2,384,303 |
Graduating and withdrawing students at Bushnell University carry a median federal debt of $15,633 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,633 |
| Students who completed (graduates) | $23,500 |
| Students who withdrew | $9,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Bushnell University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $8,110 |
| 75th percentile | $26,000 |
| 90th percentile (highest-debt students) | $33,250 |
How wide this percentile range is tells you how much borrowing varies across students at Bushnell University.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Bushnell University.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 117 | $15,325 |
| Completed (graduates) | 77 | $16,276 |
| Did not complete | 40 | $11,502 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $193.54/mo.
Repayment burden translates the debt figures into what a borrower actually pays each month. Bushnell University.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Bushnell University follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.0% |
| Borrowers in the cohort | 200 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $16,197 |
| Middle income | $15,230 |
| High income | $17,391 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,063 |
| Continuing-generation students | $18,296 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $17,089 |
Federal data publishes the following gap measures for Bushnell University.
Subsidized and 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
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.