by our College Data Analytics TeamHere you will find what students actually borrow to attend Southeast Missouri Hospital College of Nursing and Health Sciences— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Southeast Health, 67% of freshmen borrow to help pay for their first year, with a typical loan of $8,541 each, across private and federal loan sources.
The average federal loan is $7,208. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at Southeast Health, 61% use federal student loans to help pay for their education, averaging $7,716 each per year. That amounts to 7.0% above the $7,208 freshmen take on.
Carrying that yearly figure forward comes to roughly $15,432 across two years and $30,864 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 61% |
| Average federal loan per year | $7,716 |
| Undergraduates with a federal loan | 89 |
| Total federal loans (one year) | $686,746 |
The middle borrower at Southeast Health owes $9,860 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,860 |
| Students who completed (graduates) | $11,500 |
| Students who withdrew | $6,334 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Southeast Health.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,500 |
| 75th percentile | $20,500 |
| 90th percentile (highest-debt students) | $29,000 |
How wide this percentile range is tells you how much borrowing varies across students at Southeast Health.
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 Southeast Health.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 31 | $14,537 |
These figures turn the debt totals into a monthly repayment picture for Southeast Health.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Southeast Health is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.8% |
| Borrowers in the cohort | 87 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $9,542 |
| Middle income | $9,680 |
| High income | $10,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,499 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,999 |
| Independent students | $10,500 |
Federal data publishes the following gap measures for Southeast Health.
The Difference Between 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.
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.