by our College Data Analytics TeamBelow is federal data on the loans students use to pay for SABER College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Looking at the entering class at SABER College, 67% of incoming students take out a loan to help cover first-year costs, averaging $9,401 each, across private and federal loan sources.
On the federal side, the average loan is $9,401. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. 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 SABER College, freshmen included, 76% rely on federal student loans toward their education, for a typical $9,404 annually. That amounts to 0.0% above the $9,401 freshmen take on.
Borrowing at that rate every year works out to about $18,808 across two years and $37,616 over four years. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 76% |
| Average federal loan per year | $9,404 |
| Undergraduates with a federal loan | 323 |
| Total federal loans (one year) | $3,037,492 |
The median student at SABER College borrows $22,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $22,000 |
| Students who completed (graduates) | $22,000 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for SABER College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $19,694 |
| 75th percentile | $32,500 |
| 90th percentile (highest-debt students) | $32,500 |
How wide this percentile range is tells you how much borrowing varies across students at SABER College.
The indicators below describe what the typical debt costs to pay back at SABER College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for SABER College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.0% |
| Borrowers in the cohort | 113 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The Department of Education computes gap indicators that show how borrowing differs between student groups at SABER College.
The Difference Between Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Worth Knowing
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.