by our College Data Analytics TeamThis page focuses on the debt students take on to attend Berk Trade and Business School— 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.
Looking at the entering class at Berk Trade School, 48% of incoming undergraduates borrow in year one, at roughly $8,217 each — a figure that counts both private and federal student loans.
Federal loans alone average $8,217. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at Berk Trade School, 25% finance part of their studies with federal loans, borrowing on average $8,217 in federal loans per year.
Borrowing the same amount each year would add up to roughly $16,434 in two years and roughly $32,868 by the fourth year. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 25% |
| Average federal loan per year | $8,217 |
| Undergraduates with a federal loan | 54 |
| Total federal loans (one year) | $443,710 |
The median student at Berk Trade School borrows $6,200 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,200 |
| Students who completed (graduates) | $6,333 |
Half of all borrowers fall between the 25th and 75th percentiles shown below for Berk Trade School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $3,666 |
| 75th percentile | $6,333 |
| 90th percentile (highest-debt students) | $6,333 |
How wide this percentile range is tells you how much borrowing varies across students at Berk Trade School.
The indicators below describe what the typical debt costs to pay back at Berk Trade School.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Berk Trade School follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 13.3% |
| Borrowers in the cohort | 90 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
Federal data publishes the following gap measures for Berk Trade School.
Subsidized vs. 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.
Important to Remember
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.