by our College Data Analytics TeamHere you will find what students actually borrow to attend Canton City Schools Adult Career and Technical Education, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Canton City Schools Adult Career and Technical Education specifically, 81% of freshmen borrow to help pay for their first year, averaging $7,580 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $7,580. That is at or past the $5,500 federal first-year limit for 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.
Counting every undergraduate at Canton City Schools Adult Career and Technical Education, 55% rely on federal student loans toward their education, borrowing on average $8,975 each per year. This works out to 18.4% higher than the $7,580 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $17,950 over two years and about $35,900 by the fourth year. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 55% |
| Average federal loan per year | $8,975 |
| Undergraduates with a federal loan | 59 |
| Total federal loans (one year) | $529,521 |
The median student at Canton City Schools Adult Career and Technical Education borrows $9,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Canton City Schools Adult Career and Technical Education.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,668 |
| 25th percentile | $6,000 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $12,835 |
How wide this percentile range is tells you how much borrowing varies across students at Canton City Schools Adult Career and Technical Education.
The indicators below describe what the typical debt costs to pay back at Canton City Schools Adult Career and Technical Education.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Canton City Schools Adult Career and Technical Education is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.3% |
| Borrowers in the cohort | 52 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Subsidized and 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.
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.