by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Scioto County Career Technical Center— 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.
Among first-year students at Scioto Tech, 59% of incoming undergraduates borrow in year one, borrowing on average $8,988 each, across private and federal loan sources.
The average federal loan is $7,645. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
For undergraduates overall at Scioto Tech, 38% finance part of their studies with federal loans, for a typical $8,065 a year. It comes to 5.5% more than the $7,645 typical freshmen borrow.
At a steady annual pace, that totals around $16,130 by year two and around $32,260 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 38% |
| Average federal loan per year | $8,065 |
| Undergraduates with a federal loan | 71 |
| Total federal loans (one year) | $572,600 |
Graduating and withdrawing students at Scioto Tech carry a median federal debt of $5,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $5,500 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Scioto Tech.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,500 |
| 75th percentile | $7,492 |
The indicators below describe what the typical debt costs to pay back at Scioto Tech.
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 Scioto Tech appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.5% |
| Borrowers in the cohort | 182 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Scioto Tech.
The Difference Between 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.
Worth Knowing
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.