by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Swedish Institute a College of Health Sciences, 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 Swedish Institute a College of Health Sciences, 75% of new students use loans toward freshman-year expenses, with a typical loan of $4,605 per student, private and federal loans combined.
The average federal loan is $4,605, representing 83.7% of the $5,500 first-year borrowing cap for the typical first-year 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 Swedish Institute a College of Health Sciences, 43% use federal student loans to help pay for their education, at an average of $7,686 in federal loans per year. This is 66.9% larger than the $4,605 typical freshmen borrow.
Repeating that yearly amount projects to about $15,372 over two years and about $30,744 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 43% |
| Average federal loan per year | $7,686 |
| Undergraduates with a federal loan | 503 |
| Total federal loans (one year) | $3,866,249 |
Graduating and withdrawing students at Swedish Institute a College of Health Sciences carry a median federal debt of $13,834 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,834 |
| Students who completed (graduates) | $22,146 |
| Students who withdrew | $6,805 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Swedish Institute a College of Health Sciences.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,334 |
| 75th percentile | $23,500 |
| 90th percentile (highest-debt students) | $29,834 |
How wide this percentile range is tells you how much borrowing varies across students at Swedish Institute a College of Health Sciences.
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 Swedish Institute a College of Health Sciences.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 103 | $8,500 |
| Completed (graduates) | 63 | $13,500 |
| Did not complete | 40 | $4,675 |
On a standard 10-year plan, the median completing borrower would pay about $160.53/mo.
Repayment burden translates the debt figures into what a borrower actually pays each month. Swedish Institute a College of Health Sciences.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Swedish Institute a College of Health Sciences follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.4% |
| Borrowers in the cohort | 281 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,798 |
| Middle income | $17,020 |
| High income | $20,698 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,066 |
| Continuing-generation students | $18,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,834 |
| Independent students | $14,334 |
Federal data publishes the following gap measures for Swedish Institute a College of Health Sciences.
The Difference Between Subsidized and 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.
Did You Know?
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.