by our College Data Analytics TeamHere you will find what students actually borrow to attend Career and Technology Education Centers of Licking County: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at C-TEC of Licking County, 37% of incoming undergraduates borrow in year one, averaging $3,346 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $3,346, or about 60.8% 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.
Among all degree-seeking undergrads at C-TEC of Licking County, 17% finance part of their studies with federal loans, for a typical $4,758 per year. That is 42.2% larger than the $3,346 freshmen take on.
Borrowing at that rate every year works out to about $9,516 in two years and roughly $19,032 across a four-year program. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 17% |
| Average federal loan per year | $4,758 |
| Undergraduates with a federal loan | 75 |
| Total federal loans (one year) | $356,845 |
The median student at C-TEC of Licking County borrows $5,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $6,500 |
| 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.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for C-TEC of Licking County.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,226 |
| 25th percentile | $3,500 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
How wide this percentile range is tells you how much borrowing varies across students at C-TEC of Licking County.
These figures turn the debt totals into a monthly repayment picture for C-TEC of Licking County.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,389 |
| Middle income | $6,085 |
| High income | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,301 |
| Independent students | $8,814 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at C-TEC of Licking County.
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
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.