by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Veeb Nassau County School of Practical Nursing, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Looking at the entering class at Veeb Nassau County School of Practical Nursing, 35% of incoming students take out a loan to help cover first-year costs, for an average of $9,697 each, across private and federal loan sources.
The average federally funded loan is $9,675. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Counting every undergraduate at Veeb Nassau County School of Practical Nursing, 39% borrow through federal student loan programs, borrowing on average $5,342 annually. This works out to 44.8% less than the freshman federal average of $9,675.
Carrying that yearly figure forward comes to roughly $10,684 across two years and $21,368 by the fourth year. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 39% |
| Average federal loan per year | $5,342 |
| Undergraduates with a federal loan | 151 |
| Total federal loans (one year) | $806,602 |
The middle borrower at Veeb Nassau County School of Practical Nursing owes $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Veeb Nassau County School of Practical Nursing.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $10,833 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Veeb Nassau County School of Practical Nursing.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Veeb Nassau County School of Practical Nursing.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 49 | $11,000 |
The indicators below describe what the typical debt costs to pay back at Veeb Nassau County School of Practical Nursing.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Veeb Nassau County School of Practical Nursing follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.0% |
| Borrowers in the cohort | 161 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $9,473 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,784 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Veeb Nassau County School of Practical Nursing.
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.
Important to Remember
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.