by our College Data Analytics TeamThis page focuses on the debt students take on to attend Albany Technical College— 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 Albany Technical College, 0% of new students use loans toward freshman-year expenses.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Undergraduates with a federal loan | 0 |
| Total federal loans (one year) | $0 |
Graduating and withdrawing students at Albany Technical College carry a median federal debt of $5,681 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,681 |
| Students who completed (graduates) | $12,412 |
| Students who withdrew | $3,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Albany Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,167 |
| 25th percentile | $2,334 |
| 75th percentile | $12,606 |
| 90th percentile (highest-debt students) | $22,710 |
How wide this percentile range is tells you how much borrowing varies across students at Albany Technical College.
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 Albany Technical College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 188 | $6,334 |
| Completed (graduates) | 36 | $4,364 |
| Did not complete | 152 | $6,693 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $51.89/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 Albany Technical College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 125 | $5,769 |
| No Stafford loan this year | 63 | $7,711 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Albany Technical College.
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 Albany Technical College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.8% |
| Borrowers in the cohort | 968 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,834 |
| Middle income | $4,786 |
| High income | $5,000 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,750 |
| Continuing-generation students | $4,959 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,759 |
| Independent students | $6,138 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Albany Technical College.
Subsidized vs. Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Did You Know?
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.