by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Salus University— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Salus University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,731 |
| 25th percentile | $4,815 |
| 75th percentile | $12,044 |
| 90th percentile (highest-debt students) | $13,493 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Salus University.
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 Salus University.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 129 | $33,533 |
Federal data lets us separate Stafford borrowers from the rest at Salus University.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 119 | — |
| No Stafford loan this year | 10 | — |
The indicators below describe what the typical debt costs to pay back at Salus University.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Salus University is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0.5% |
| Borrowers in the cohort | 190 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Subsidized vs. 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?
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.