by our College Data Analytics TeamHere you will find what students actually borrow to attend Cape Girardeau Career and Technology Center: 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 Cape Girardeau CTC, 11% of incoming students take out a loan to help cover first-year costs, averaging $9,032 per student, private and federal loans combined.
The average federally funded loan is $9,032. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Counting every undergraduate at Cape Girardeau CTC, 24% take out federal student loans, for a typical $6,560 per year. This works out to 27.4% below the $9,032 freshmen take on.
Repeating that yearly amount projects to about $13,120 in two years and roughly $26,240 across a four-year program. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 24% |
| Average federal loan per year | $6,560 |
| Undergraduates with a federal loan | 51 |
| Total federal loans (one year) | $334,568 |
The middle borrower at Cape Girardeau CTC owes $6,944 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,944 |
| Students who completed (graduates) | $8,750 |
| Students who withdrew | $3,250 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Cape Girardeau CTC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,340 |
| 25th percentile | $4,750 |
| 75th percentile | $13,737 |
| 90th percentile (highest-debt students) | $14,750 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Cape Girardeau CTC.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Cape Girardeau CTC.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 22 | $11,110 |
These figures turn the debt totals into a monthly repayment picture for Cape Girardeau CTC.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Cape Girardeau CTC is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.1% |
| Borrowers in the cohort | 98 |
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 | $7,097 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Cape Girardeau CTC.
Subsidized vs. Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
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.