by our College Data Analytics TeamThis page focuses on the debt students take on to attend ETI Technical College of Niles: 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 ETI Technical College, 100% of freshmen borrow to help pay for their first year, borrowing on average $9,418 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $9,418. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. 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 ETI Technical College, 88% borrow through federal student loan programs, borrowing on average $11,056 per year. That amounts to 17.4% larger than the $9,418 borrowed by freshmen.
Borrowing at that rate every year works out to about $22,112 over two years and about $44,224 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 | 88% |
| Average federal loan per year | $11,056 |
| Undergraduates with a federal loan | 161 |
| Total federal loans (one year) | $1,779,994 |
Graduating and withdrawing students at ETI Technical College carry a median federal debt of $12,255 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,255 |
| Students who completed (graduates) | $13,805 |
| Students who withdrew | $7,616 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at ETI Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $5,655 |
| 75th percentile | $16,595 |
| 90th percentile (highest-debt students) | $24,890 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at ETI Technical College.
Repayment burden translates the debt figures into what a borrower actually pays each month. ETI Technical College.
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 ETI Technical College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.2% |
| Borrowers in the cohort | 214 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $13,062 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,750 |
| Independent students | $13,355 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at ETI Technical College.
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.