by our College Data Analytics TeamHere you will find what students actually borrow to attend HDS Truck Driving Institute, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
For incoming students at HDS Truck Driving Institute, 13% of first-year students take on loan debt, at roughly $3,512 each — a figure that counts both private and federal student loans.
On the federal side, the average loan is $3,512, or about 63.9% of the typical first-year dependent student borrowing cap of $5,500. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at HDS Truck Driving Institute, 3% finance part of their studies with federal loans, averaging $3,512 in federal loans per year.
Borrowing at that rate every year works out to about $7,024 across two years and $14,048 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 | 3% |
| Average federal loan per year | $3,512 |
| Undergraduates with a federal loan | 33 |
| Total federal loans (one year) | $115,890 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at HDS Truck Driving Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,357 |
| 75th percentile | $7,706 |
These figures turn the debt totals into a monthly repayment picture for HDS Truck Driving Institute.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for HDS Truck Driving Institute follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.9% |
| Borrowers in the cohort | 55 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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?
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.