by our College Data Analytics TeamThis page focuses on the debt students take on to attend Lincoln Technical Institute - Moorestown— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Lincoln Tech - Moorestown, 89% of incoming undergraduates borrow in year one, averaging $6,794 each — a figure that counts both private and federal student loans.
Federal loans alone average $6,794. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at Lincoln Tech - Moorestown, 82% finance part of their studies with federal loans, with a mean of $6,246 per year. This is 8.1% below the $6,794 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $12,492 over two years and about $24,984 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 82% |
| Average federal loan per year | $6,246 |
| Undergraduates with a federal loan | 1,047 |
| Total federal loans (one year) | $6,539,391 |
The middle borrower at Lincoln Tech - Moorestown owes $9,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,000 |
| Students who completed (graduates) | $10,521 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Lincoln Tech - Moorestown.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,907 |
| 25th percentile | $6,178 |
| 75th percentile | $11,811 |
| 90th percentile (highest-debt students) | $16,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Lincoln Tech - Moorestown.
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 Lincoln Tech - Moorestown.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1039 | $6,856 |
| Completed (graduates) | 698 | $7,624 |
| Did not complete | 341 | $5,380 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $90.66/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Lincoln Tech - Moorestown.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1008 | $6,994 |
| No Stafford loan | 31 | $2,763 |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 964 | $6,918 |
| No Stafford loan this year | 75 | $5,968 |
The indicators below describe what the typical debt costs to pay back at Lincoln Tech - Moorestown.
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 Lincoln Tech - Moorestown follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.1% |
| Borrowers in the cohort | 4290 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,104 |
| Middle income | $9,000 |
| High income | $6,855 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,000 |
| Continuing-generation students | $9,130 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,583 |
| Independent students | $10,117 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Lincoln Tech - Moorestown.
Subsidized and 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.
Did You Know?
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.