by our College Data Analytics TeamBelow is federal data on the loans students use to pay for LaSalle Tech— 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.
At LaSalle Tech specifically, 68% of new students use loans toward freshman-year expenses, averaging $4,566 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $4,566, which is 83.0% of the $5,500 first-year borrowing cap for the typical first-year dependent student. 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 LaSalle Tech, 79% borrow through federal student loan programs, with a mean of $3,616 annually. That amounts to 20.8% lower than the $4,566 typical freshmen borrow.
Repeating that yearly amount projects to about $7,232 over two years and about $14,464 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 | 79% |
| Average federal loan per year | $3,616 |
| Undergraduates with a federal loan | 252 |
| Total federal loans (one year) | $911,144 |
Graduating and withdrawing students at LaSalle Tech carry a median federal debt of $5,853 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,853 |
| Students who completed (graduates) | $6,333 |
| 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 LaSalle Tech.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $2,800 |
| 75th percentile | $7,858 |
These figures turn the debt totals into a monthly repayment picture for LaSalle 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 federal two-year cohort default rate for LaSalle Tech is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 22.5% |
| Borrowers in the cohort | 31 |
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 | $6,028 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
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.
Important to Remember
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.