by our College Data Analytics TeamThis page focuses on the debt students take on to attend Saint Charles Borromeo Seminary-Overbrook, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
For incoming students at Saint Charles Borromeo Seminary - Overbrook, 0% of new students use loans toward freshman-year expenses.
Counting every undergraduate at Saint Charles Borromeo Seminary - Overbrook, 5% use federal student loans to help pay for their education, borrowing on average $5,450 per year.
Carrying that yearly figure forward comes to roughly $10,900 over two years and about $21,800 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 5% |
| Average federal loan per year | $5,450 |
| Undergraduates with a federal loan | 2 |
| Total federal loans (one year) | $10,900 |
Graduating and withdrawing students at Saint Charles Borromeo Seminary - Overbrook carry a median federal debt of $13,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,000 |
The indicators below describe what the typical debt costs to pay back at Saint Charles Borromeo Seminary - Overbrook.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Saint Charles Borromeo Seminary - Overbrook appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 23 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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.
Important to Remember
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.