by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Lincoln Technical Institute-Philadelphia— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
At Lincoln Tech - Philadelphia, 88% of new students use loans toward freshman-year expenses, averaging $8,889 per student, private and federal loans combined.
The typical federal loan comes to $8,889. 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 Lincoln Tech - Philadelphia, 82% rely on federal student loans toward their education, at an average of $8,184 each per year. It comes to 7.9% less than the $8,889 freshmen take on.
At a steady annual pace, that totals around $16,368 across two years and $32,736 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 82% |
| Average federal loan per year | $8,184 |
| Undergraduates with a federal loan | 452 |
| Total federal loans (one year) | $3,698,958 |
The median student at Lincoln Tech - Philadelphia borrows $9,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $11,250 |
| 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 - Philadelphia.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $16,000 |
| 90th percentile (highest-debt students) | $19,504 |
How wide this percentile range is tells you how much borrowing varies across students at Lincoln Tech - Philadelphia.
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 - Philadelphia.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1412 | $10,396 |
| Completed (graduates) | 938 | $12,456 |
| Did not complete | 474 | $7,163 |
On a standard 10-year plan, the median completing borrower would pay about $148.12/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Lincoln Tech - Philadelphia.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1323 | $10,761 |
| No Stafford loan | 89 | $5,254 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1277 | $10,869 |
| No Stafford loan this year | 135 | $6,102 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Lincoln Tech - Philadelphia.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Lincoln Tech - Philadelphia is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 21.2% |
| Borrowers in the cohort | 4294 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,878 |
| Middle income | $9,500 |
| High income | $8,967 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,750 |
| Independent students | $11,250 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Lincoln Tech - Philadelphia.
Subsidized vs. Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Important to Remember
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.