by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Colorado Technical University-Colorado Springs— 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.
At Colorado Technical University - Colorado Springs, 78% of freshmen borrow to help pay for their first year, averaging $7,013 per borrower, covering both private and federal loans.
On the federal side, the average loan is $6,995. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at Colorado Technical University - Colorado Springs, 64% take out federal student loans, at an average of $8,110 per year. It comes to 15.9% higher than the first-year federal average of $6,995.
At a steady annual pace, that totals around $16,220 across two years and $32,440 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 64% |
| Average federal loan per year | $8,110 |
| Undergraduates with a federal loan | 16,573 |
| Total federal loans (one year) | $134,413,219 |
The median student at Colorado Technical University - Colorado Springs borrows $12,166 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,166 |
| Students who completed (graduates) | $29,832 |
| Students who withdrew | $9,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Colorado Technical University - Colorado Springs.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,614 |
| 25th percentile | $5,368 |
| 75th percentile | $25,885 |
| 90th percentile (highest-debt students) | $42,240 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Colorado Technical University - Colorado Springs.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Colorado Technical University - Colorado Springs.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 2155 | $8,443 |
| Completed (graduates) | 870 | $9,561 |
| Did not complete | 1285 | $7,891 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $113.69/mo.
Federal data lets us separate Stafford borrowers from the rest at Colorado Technical University - Colorado Springs.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 2141 | — |
| No Stafford loan | 14 | — |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1514 | $8,000 |
| No Stafford loan this year | 641 | $9,000 |
The indicators below describe what the typical debt costs to pay back at Colorado Technical University - Colorado Springs.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Colorado Technical University - Colorado Springs is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 13.1% |
| Borrowers in the cohort | 20873 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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 | $10,500 |
| Middle income | $17,188 |
| High income | $17,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,788 |
| Continuing-generation students | $14,999 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,529 |
| Independent students | $12,667 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Colorado Technical University - Colorado Springs.
Subsidized vs. Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
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.