by our College Data Analytics TeamHere you will find what students actually borrow to attend Knox County Career Center, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Looking at all undergraduates at Knox Technical Center, freshmen included, 25% finance part of their studies with federal loans, for a typical $6,379 in federal loans per year.
Carrying that yearly figure forward comes to roughly $12,758 in two years and roughly $25,516 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 25% |
| Average federal loan per year | $6,379 |
| Undergraduates with a federal loan | 50 |
| Total federal loans (one year) | $318,971 |
Graduating and withdrawing students at Knox Technical Center carry a median federal debt of $8,618 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,618 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Knox Technical Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,615 |
| 25th percentile | $6,622 |
| 75th percentile | $14,633 |
| 90th percentile (highest-debt students) | $14,633 |
How wide this percentile range is tells you how much borrowing varies across students at Knox Technical Center.
These figures turn the debt totals into a monthly repayment picture for Knox Technical Center.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Knox Technical Center follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.6% |
| Borrowers in the cohort | 116 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,618 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,990 |
| Independent students | $9,500 |
The Difference Between Subsidized and 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.
Did You Know?
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.