by our College Data Analytics TeamThis page focuses on the debt students take on to attend Roxborough Memorial Hospital School of Nursing— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Counting every undergraduate at Roxborough Memorial Hospital School of Nursing, 74% finance part of their studies with federal loans, borrowing on average $4,653 in federal loans per year.
Carrying that yearly figure forward comes to roughly $9,306 across two years and $18,612 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 74% |
| Average federal loan per year | $4,653 |
| Undergraduates with a federal loan | 107 |
| Total federal loans (one year) | $497,856 |
The middle borrower at Roxborough Memorial Hospital School of Nursing owes $15,306 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,306 |
| Students who completed (graduates) | $20,000 |
| Students who withdrew | $8,875 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Roxborough Memorial Hospital School of Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $10,500 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $20,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Roxborough Memorial Hospital School of Nursing.
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 Roxborough Memorial Hospital School of Nursing.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 36 | $11,370 |
These figures turn the debt totals into a monthly repayment picture for Roxborough Memorial Hospital School of Nursing.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Roxborough Memorial Hospital School of Nursing follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.9% |
| Borrowers in the cohort | 68 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $20,000 |
| Middle income | $15,750 |
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,779 |
| Continuing-generation students | $13,650 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $20,000 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Roxborough Memorial Hospital School of Nursing.
Subsidized vs. 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.
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.
References
More about our data sources and methodologies.