by our College Data Analytics TeamHere you will find what students actually borrow to attend Fayetteville Technical Community College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at FTCC, 25% of incoming students take out a loan to help cover first-year costs, with a typical loan of $5,893 per student, private and federal loans combined.
Federal loans alone average $5,902. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Looking at all undergraduates at FTCC, freshmen included, 21% use federal student loans to help pay for their education, for a typical $7,306 each per year. That amounts to 23.8% higher than the $5,902 typical freshmen borrow.
Repeating that yearly amount projects to about $14,612 by year two and around $29,224 across a four-year program. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 21% |
| Average federal loan per year | $7,306 |
| Undergraduates with a federal loan | 1,856 |
| Total federal loans (one year) | $13,560,223 |
The middle borrower at FTCC owes $8,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,000 |
| Students who completed (graduates) | $11,500 |
| Students who withdrew | $7,597 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 FTCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,832 |
| 25th percentile | $3,026 |
| 75th percentile | $10,671 |
| 90th percentile (highest-debt students) | $19,000 |
How wide this percentile range is tells you how much borrowing varies across students at FTCC.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for FTCC.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 786 | $9,000 |
| Completed (graduates) | 146 | $10,000 |
| Did not complete | 640 | $8,986 |
On a standard 10-year plan, the median completing borrower would pay about $118.91/mo.
Federal data lets us separate Stafford borrowers from the rest at FTCC.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 767 | $9,009 |
| No Stafford loan | 19 | $7,974 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 285 | $7,513 |
| No Stafford loan this year | 501 | $10,000 |
These figures turn the debt totals into a monthly repayment picture for FTCC.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for FTCC is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 20.2% |
| Borrowers in the cohort | 1886 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,248 |
| Middle income | $7,915 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,174 |
| Continuing-generation students | $6,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at FTCC.
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.
Important to Remember
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.