by our College Data Analytics TeamHere you will find what students actually borrow to attend Interactive College of Technology, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Interactive College of Technology specifically, 92% of incoming students take out a loan to help cover first-year costs, for an average of $7,406 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $7,406. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Interactive College of Technology, freshmen included, 56% finance part of their studies with federal loans, at an average of $5,356 per year. This is 27.7% lower than the first-year federal average of $7,406.
Carrying that yearly figure forward comes to roughly $10,712 by year two and around $21,424 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 56% |
| Average federal loan per year | $5,356 |
| Undergraduates with a federal loan | 27 |
| Total federal loans (one year) | $144,620 |
Graduating and withdrawing students at Interactive College of Technology carry a median federal debt of $5,300 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,300 |
| Students who completed (graduates) | $5,353 |
| Students who withdrew | $5,300 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Interactive College of Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $564 |
| 25th percentile | $1,281 |
| 75th percentile | $4,988 |
| 90th percentile (highest-debt students) | $10,317 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Interactive College of Technology.
Repayment burden translates the debt figures into what a borrower actually pays each month. Interactive College of Technology.
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 Interactive College of Technology follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 23.0% |
| Borrowers in the cohort | 10 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $4,659 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,421 |
| Independent students | $5,298 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Interactive College of Technology.
Subsidized vs. Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
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.