by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Caldwell Community College and Technical Institute— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
At CCCTI specifically, 1% of incoming undergraduates borrow in year one, borrowing on average $9,420 each, across private and federal loan sources.
Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 0% |
| Undergraduates with a federal loan | 0 |
| Total federal loans (one year) | $0 |
The middle borrower at CCCTI owes $6,625 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,625 |
| Students who completed (graduates) | $8,750 |
| 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 CCCTI.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,000 |
| 25th percentile | $2,000 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $16,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at CCCTI.
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 CCCTI.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 212 | $11,490 |
| Completed (graduates) | 42 | $10,440 |
| Did not complete | 170 | $11,622 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $124.14/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 CCCTI.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 202 | — |
| No Stafford loan | 10 | — |
The indicators below describe what the typical debt costs to pay back at CCCTI.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for CCCTI is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 20.3% |
| Borrowers in the cohort | 536 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,086 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,750 |
| Independent students | $9,500 |
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
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.