by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Orion Technical College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Hamilton Technical College, 62% of first-year students take on loan debt, for an average of $5,722 per student, private and federal loans combined.
The average federal loan is $5,722. 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.
Among all degree-seeking undergrads at Hamilton Technical College, 42% use federal student loans to help pay for their education, averaging $7,689 in federal loans per year. This is 34.4% more than the $5,722 freshmen take on.
Repeating that yearly amount projects to about $15,378 over two years and about $30,756 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 42% |
| Average federal loan per year | $7,689 |
| Undergraduates with a federal loan | 31 |
| Total federal loans (one year) | $238,351 |
Graduating and withdrawing students at Hamilton Technical College carry a median federal debt of $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Hamilton Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,015 |
| 25th percentile | $5,500 |
| 75th percentile | $20,865 |
| 90th percentile (highest-debt students) | $33,000 |
How wide this percentile range is tells you how much borrowing varies across students at Hamilton Technical College.
Repayment burden translates the debt figures into what a borrower actually pays each month. Hamilton Technical College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Hamilton Technical College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.0% |
| Borrowers in the cohort | 226 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Hamilton 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.
Important to Remember
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.