by our College Data Analytics TeamHere you will find what students actually borrow to attend Southern California Seminary, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Southern California Seminary, 0% of first-year students take on loan debt.
For undergraduates overall at Southern California Seminary, 41% take out federal student loans, at an average of $6,616 a year.
Carrying that yearly figure forward comes to roughly $13,232 after two years and $26,464 across a four-year program. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 41% |
| Average federal loan per year | $6,616 |
| Undergraduates with a federal loan | 13 |
| Total federal loans (one year) | $86,014 |
The middle borrower at Southern California Seminary owes $12,034 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,034 |
The indicators below describe what the typical debt costs to pay back at Southern California Seminary.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Southern California Seminary follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.9% |
| Borrowers in the cohort | 51 |
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
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.
Important to Remember
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.