by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Automotive Training Center - Exton: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
For incoming students at Automotive Training Center - Exton, 79% of incoming undergraduates borrow in year one, with a typical loan of $8,099 per student, private and federal loans combined.
On the federal side, the average loan is $6,269. This is at or above the $5,500 first-year federal borrowing cap that applies to 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.
Across the full undergraduate body at Automotive Training Center - Exton (freshmen included), 54% take out federal student loans, averaging $7,073 annually. This is 12.8% greater than the $6,269 freshmen take on.
Borrowing at that rate every year works out to about $14,146 across two years and $28,292 by the fourth year. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 54% |
| Average federal loan per year | $7,073 |
| Undergraduates with a federal loan | 296 |
| Total federal loans (one year) | $2,093,600 |
Graduating and withdrawing students at Automotive Training Center - Exton carry a median federal debt of $12,661 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,661 |
| Students who completed (graduates) | $15,665 |
| 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Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Automotive Training Center - Exton.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,490 |
| 25th percentile | $8,750 |
| 75th percentile | $17,000 |
| 90th percentile (highest-debt students) | $23,667 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Automotive Training Center - Exton.
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 Automotive Training Center - Exton.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 168 | $7,890 |
| Completed (graduates) | 110 | $10,345 |
| Did not complete | 58 | $5,576 |
On a standard 10-year plan, the median completing borrower would pay about $123.01/mo.
Repayment burden translates the debt figures into what a borrower actually pays each month. Automotive Training Center - Exton.
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 Automotive Training Center - Exton is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 18.1% |
| Borrowers in the cohort | 418 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,084 |
| Middle income | $13,000 |
| High income | $13,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,502 |
| Continuing-generation students | $13,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,502 |
| Independent students | $13,582 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Automotive Training Center - Exton.
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.
Worth Knowing
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.