by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Saint Anthony College of Nursing, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Among first-year students at SACN, 0% of incoming students take out a loan to help cover first-year costs.
Looking at all undergraduates at SACN, freshmen included, 56% borrow through federal student loan programs, at an average of $7,990 a year.
Borrowing at that rate every year works out to about $15,980 across two years and $31,960 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 56% |
| Average federal loan per year | $7,990 |
| Undergraduates with a federal loan | 85 |
| Total federal loans (one year) | $679,154 |
The middle borrower at SACN owes $18,750 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $18,750 |
| Students who completed (graduates) | $20,000 |
| Students who withdrew | $7,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at SACN.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $6,250 |
| 25th percentile | $14,153 |
| 75th percentile | $25,000 |
| 90th percentile (highest-debt students) | $30,883 |
How wide this percentile range is tells you how much borrowing varies across students at SACN.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for SACN.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 54 | $22,283 |
These figures turn the debt totals into a monthly repayment picture for SACN.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for SACN is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 76 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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 | $22,000 |
| Middle income | $21,250 |
| High income | $15,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,750 |
| Continuing-generation students | $18,447 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $24,915 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at SACN.
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.
Did You Know?
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.