by our College Data Analytics TeamThis page focuses on the debt students take on to attend Ohio Valley Hospital School of Nursing: 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.
At Ohio Valley Hospital School of Nursing, 29% of incoming students take out a loan to help cover first-year costs, at roughly $8,127 each, across private and federal loan sources.
The average federal loan is $8,836. 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.
For undergraduates overall at Ohio Valley Hospital School of Nursing, 23% take out federal student loans, borrowing on average $9,542 each per year. That amounts to 8.0% higher than the freshman federal average of $8,836.
Borrowing the same amount each year would add up to roughly $19,084 by year two and around $38,168 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 23% |
| Average federal loan per year | $9,542 |
| Undergraduates with a federal loan | 12 |
| Total federal loans (one year) | $114,500 |
Graduating and withdrawing students at Ohio Valley Hospital School of Nursing carry a median federal debt of $8,250 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,250 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Ohio Valley Hospital School of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,750 |
| 75th percentile | $13,500 |
These figures turn the debt totals into a monthly repayment picture for Ohio Valley Hospital School of Nursing.
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 Ohio Valley Hospital School of Nursing is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 30 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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.