by our College Data Analytics TeamThis page focuses on the debt students take on to attend Anoka Technical College— 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 Anoka Technical College, 29% of incoming undergraduates borrow in year one, averaging $5,660 per borrower, covering both private and federal loans.
The typical federal loan comes to $5,420, which is 98.5% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Across the full undergraduate body at Anoka Technical College (freshmen included), 33% borrow through federal student loan programs, with a mean of $6,617 annually. This is 22.1% higher than the freshman federal average of $5,420.
Carrying that yearly figure forward comes to roughly $13,234 after two years and $26,468 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 33% |
| Average federal loan per year | $6,617 |
| Undergraduates with a federal loan | 498 |
| Total federal loans (one year) | $3,295,305 |
The median student at Anoka Technical College borrows $9,250 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,250 |
| Students who completed (graduates) | $11,000 |
| Students who withdrew | $6,966 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Anoka Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,740 |
| 25th percentile | $4,823 |
| 75th percentile | $16,187 |
| 90th percentile (highest-debt students) | $25,446 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Anoka Technical College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Anoka Technical College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 106 | $13,331 |
| Completed (graduates) | 54 | $12,639 |
| Did not complete | 52 | $13,437 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $150.29/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Anoka Technical College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 61 | $9,974 |
| No Stafford loan this year | 45 | $14,268 |
These figures turn the debt totals into a monthly repayment picture for Anoka 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 Anoka Technical College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.2% |
| Borrowers in the cohort | 780 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $8,883 |
| High income | $8,250 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,113 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Anoka 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?
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.