by our College Data Analytics TeamThis page focuses on the debt students take on to attend Central Texas College, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
At Central Texas College specifically, 44% of incoming undergraduates borrow in year one, borrowing on average $3,409 per borrower, covering both private and federal loans.
The typical federal loan comes to $3,409, or about 62.0% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
For undergraduates overall at Central Texas College, 57% rely on federal student loans toward their education, for a typical $3,700 a year. It comes to 8.5% larger than the $3,409 borrowed by freshmen.
Repeating that yearly amount projects to about $7,400 across two years and $14,800 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 57% |
| Average federal loan per year | $3,700 |
| Undergraduates with a federal loan | 3,428 |
| Total federal loans (one year) | $12,682,880 |
The median student at Central Texas College borrows $5,250 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,250 |
| Students who completed (graduates) | $6,750 |
| Students who withdrew | $5,180 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Central Texas College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,500 |
| 25th percentile | $2,375 |
| 75th percentile | $7,875 |
| 90th percentile (highest-debt students) | $15,000 |
How wide this percentile range is tells you how much borrowing varies across students at Central Texas College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Central Texas College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 787 | $10,000 |
| Completed (graduates) | 63 | $9,083 |
| Did not complete | 724 | $10,150 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $108.01/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Central Texas College.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 758 | $10,043 |
| No Stafford loan | 29 | $7,225 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 134 | $8,981 |
| No Stafford loan this year | 653 | $10,335 |
The indicators below describe what the typical debt costs to pay back at Central Texas College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Central Texas College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 16.0% |
| Borrowers in the cohort | 1206 |
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 | $4,750 |
| Middle income | $5,252 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,250 |
| Continuing-generation students | $5,209 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,512 |
| Independent students | $5,250 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Central Texas College.
The Difference Between Subsidized and 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.
Did You Know?
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.