by our College Data Analytics TeamHere you will find what students actually borrow to attend Teterboro School of Aeronautics: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Teterboro School of Aeronautics, 89% of incoming students take out a loan to help cover first-year costs, for an average of $6,938 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $6,669. This is at or above the $5,500 first-year federal borrowing cap that applies to 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.
Across the full undergraduate body at Teterboro School of Aeronautics (freshmen included), 27% take out federal student loans, for a typical $7,211 each per year. This works out to 8.1% larger than the $6,669 borrowed by freshmen.
At a steady annual pace, that totals around $14,422 after two years and $28,844 across a four-year program. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 27% |
| Average federal loan per year | $7,211 |
| Undergraduates with a federal loan | 133 |
| Total federal loans (one year) | $959,081 |
The middle borrower at Teterboro School of Aeronautics owes $12,827 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,827 |
| Students who completed (graduates) | $14,279 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Teterboro School of Aeronautics.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,668 |
| 25th percentile | $6,531 |
| 75th percentile | $14,219 |
| 90th percentile (highest-debt students) | $19,744 |
How wide this percentile range is tells you how much borrowing varies across students at Teterboro School of Aeronautics.
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 Teterboro School of Aeronautics.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 19 | $9,230 |
The indicators below describe what the typical debt costs to pay back at Teterboro School of Aeronautics.
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 Teterboro School of Aeronautics is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 32.9% |
| Borrowers in the cohort | 79 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $15,098 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,065 |
| Continuing-generation students | $12,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $20,000 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Teterboro School of Aeronautics.
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.