by our College Data Analytics TeamHere you will find what students actually borrow to attend Spring Hill College, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Among first-year students at Spring Hill, 40% of incoming undergraduates borrow in year one, averaging $7,003 each — a figure that counts both private and federal student loans.
Federal loans alone average $5,227, amounting to 95.0% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Among all degree-seeking undergrads at Spring Hill, 44% take out federal student loans, borrowing on average $6,416 each per year. That amounts to 22.7% more than the $5,227 freshmen take on.
At a steady annual pace, that totals around $12,832 over two years and about $25,664 across a four-year program. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 44% |
| Average federal loan per year | $6,416 |
| Undergraduates with a federal loan | 373 |
| Total federal loans (one year) | $2,393,063 |
The median student at Spring Hill borrows $21,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $21,500 |
| Students who completed (graduates) | $27,000 |
| Students who withdrew | $19,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Spring Hill.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $7,500 |
| 75th percentile | $29,000 |
| 90th percentile (highest-debt students) | $40,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Spring Hill.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Spring Hill.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 206 | $21,079 |
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Spring Hill.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 192 | — |
| No Stafford loan this year | 14 | — |
The indicators below describe what the typical debt costs to pay back at Spring Hill.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Spring Hill is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.5% |
| Borrowers in the cohort | 358 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $19,500 |
| Middle income | $20,000 |
| High income | $23,125 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,362 |
| Continuing-generation students | $23,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,500 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Spring Hill.
Subsidized vs. 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.
Worth Knowing
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.