by our College Data Analytics TeamThis page focuses on the debt students take on to attend South University-Virginia Beach— 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.
At South University, Virginia Beach, 80% of freshmen borrow to help pay for their first year, averaging $8,042 per student, private and federal loans combined.
On the federal side, the average loan is $8,042. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at South University, Virginia Beach, 42% rely on federal student loans toward their education, for a typical $7,885 a year. It comes to 2.0% lower than the $8,042 freshmen take on.
Borrowing at that rate every year works out to about $15,770 in two years and roughly $31,540 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 42% |
| Average federal loan per year | $7,885 |
| Undergraduates with a federal loan | 106 |
| Total federal loans (one year) | $835,862 |
Graduating and withdrawing students at South University, Virginia Beach carry a median federal debt of $13,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,000 |
| Students who completed (graduates) | $26,123 |
| Students who withdrew | $9,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for South University, Virginia Beach.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,501 |
| 25th percentile | $4,750 |
| 75th percentile | $22,542 |
| 90th percentile (highest-debt students) | $37,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at South University, Virginia Beach.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for South University, Virginia Beach.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1565 | $9,598 |
| Completed (graduates) | 743 | $10,629 |
| Did not complete | 822 | $9,000 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $126.39/mo.
Federal data lets us separate Stafford borrowers from the rest at South University, Virginia Beach.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1367 | $9,690 |
| No Stafford loan this year | 198 | $9,256 |
Repayment burden translates the debt figures into what a borrower actually pays each month. South University, Virginia Beach.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for South University, Virginia Beach follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.4% |
| Borrowers in the cohort | 20558 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,643 |
| Middle income | $15,278 |
| High income | $14,700 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,883 |
| Continuing-generation students | $14,576 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,668 |
| Independent students | $12,990 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at South University, Virginia Beach.
Subsidized and 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.
Worth Knowing
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.