by our College Data Analytics TeamThis page focuses on the debt students take on to attend Bluegrass Community and Technical College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
At Bluegrass Community and Technical College specifically, 20% of freshmen borrow to help pay for their first year, with a typical loan of $4,845 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $4,845, or about 88.1% of the $5,500 federal limit that applies to a typical first-year dependent borrower. 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 Bluegrass Community and Technical College (freshmen included), 27% borrow through federal student loan programs, at an average of $5,797 each per year. That amounts to 19.6% larger than the first-year federal average of $4,845.
At a steady annual pace, that totals around $11,594 by year two and around $23,188 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 27% |
| Average federal loan per year | $5,797 |
| Undergraduates with a federal loan | 2,091 |
| Total federal loans (one year) | $12,120,698 |
Graduating and withdrawing students at Bluegrass Community and Technical College carry a median federal debt of $6,755 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,755 |
| Students who completed (graduates) | $10,500 |
| Students who withdrew | $5,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Bluegrass Community and Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,958 |
| 25th percentile | $3,267 |
| 75th percentile | $12,805 |
| 90th percentile (highest-debt students) | $22,533 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Bluegrass Community and 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 Bluegrass Community and Technical College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1011 | $11,792 |
| Completed (graduates) | 280 | $9,725 |
| Did not complete | 731 | $13,341 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $115.64/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Bluegrass Community and Technical College.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 993 | — |
| No Stafford loan | 18 | — |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 409 | $8,574 |
| No Stafford loan this year | 602 | $15,943 |
These figures turn the debt totals into a monthly repayment picture for Bluegrass Community and Technical College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Bluegrass Community and Technical College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 18.8% |
| Borrowers in the cohort | 4084 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $7,030 |
| Middle income | $7,000 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,049 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Bluegrass Community and Technical College.
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.
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.