by our College Data Analytics TeamBelow is federal data on the loans students use to pay for All-State Career School, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At All-State Career School - Lester, 83% of freshmen borrow to help pay for their first year, with a typical loan of $6,603 per student, private and federal loans combined.
Federal loans alone average $6,577. That is at or past the $5,500 federal first-year limit 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 All-State Career School - Lester, 68% borrow through federal student loan programs, borrowing on average $6,560 per year. This is 0.3% lower than the $6,577 borrowed by freshmen.
Carrying that yearly figure forward comes to roughly $13,120 across two years and $26,240 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 68% |
| Average federal loan per year | $6,560 |
| Undergraduates with a federal loan | 1,029 |
| Total federal loans (one year) | $6,750,271 |
Graduating and withdrawing students at All-State Career School - Lester carry a median federal debt of $6,333 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $4,347 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for All-State Career School - Lester.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,613 |
| 75th percentile | $9,391 |
| 90th percentile (highest-debt students) | $13,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at All-State Career School - Lester.
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 All-State Career School - Lester.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 166 | $5,291 |
| Completed (graduates) | 112 | $6,734 |
| Did not complete | 54 | $4,170 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $80.07/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 All-State Career School - Lester.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 149 | — |
| No Stafford loan this year | 17 | — |
The indicators below describe what the typical debt costs to pay back at All-State Career School - Lester.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for All-State Career School - Lester is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.1% |
| Borrowers in the cohort | 966 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $6,333 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,334 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,333 |
| Independent students | $6,333 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at All-State Career School - Lester.
The Difference Between Subsidized and 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.
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.