by our College Data Analytics TeamBelow is federal data on the loans students use to pay for ITI Technical College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at ITI Technical College, 92% of freshmen borrow to help pay for their first year, averaging $8,940 each — a figure that counts both private and federal student loans.
On the federal side, the average loan is $7,767. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at ITI Technical College, 78% borrow through federal student loan programs, for a typical $5,691 per year. This is 26.7% under the $7,767 freshmen take on.
Borrowing at that rate every year works out to about $11,382 over two years and about $22,764 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 | 78% |
| Average federal loan per year | $5,691 |
| Undergraduates with a federal loan | 398 |
| Total federal loans (one year) | $2,265,160 |
Graduating and withdrawing students at ITI Technical College carry a median federal debt of $12,214 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,214 |
| Students who completed (graduates) | $15,006 |
| Students who withdrew | $5,164 |
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 ITI Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,496 |
| 25th percentile | $6,334 |
| 75th percentile | $18,309 |
| 90th percentile (highest-debt students) | $24,169 |
How wide this percentile range is tells you how much borrowing varies across students at ITI Technical College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at ITI Technical College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 137 | $7,176 |
| Completed (graduates) | 96 | $9,607 |
| Did not complete | 41 | $4,188 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $114.24/mo.
These figures turn the debt totals into a monthly repayment picture for ITI 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. The federal two-year cohort default rate for ITI Technical College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.3% |
| Borrowers in the cohort | 334 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $11,206 |
| Middle income | $12,798 |
| High income | $13,824 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,022 |
| Continuing-generation students | $12,945 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,093 |
| Independent students | $12,913 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at ITI Technical College.
The Difference Between 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.
Worth Knowing
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.