by our College Data Analytics TeamHere you will find what students actually borrow to attend Fletcher Technical Community College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
At Fletcher Technical Community College, 28% of incoming undergraduates borrow in year one, with a typical loan of $5,855 per borrower, covering both private and federal loans.
The average federal loan is $5,855. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at Fletcher Technical Community College, 34% rely on federal student loans toward their education, averaging $7,620 a year. It comes to 30.1% larger than the $5,855 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $15,240 across two years and $30,480 across a four-year program. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 34% |
| Average federal loan per year | $7,620 |
| Undergraduates with a federal loan | 678 |
| Total federal loans (one year) | $5,166,568 |
Graduating and withdrawing students at Fletcher Technical Community College carry a median federal debt of $7,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,500 |
| Students who completed (graduates) | $10,064 |
| Students who withdrew | $6,990 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Fletcher Technical Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,500 |
| 25th percentile | $2,000 |
| 75th percentile | $5,500 |
| 90th percentile (highest-debt students) | $10,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Fletcher Technical Community College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Fletcher Technical Community College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 120 | $7,084 |
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Fletcher Technical Community College.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 53 | $6,910 |
| No Stafford loan this year | 67 | $7,160 |
These figures turn the debt totals into a monthly repayment picture for Fletcher Technical Community College.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,250 |
| Middle income | $7,000 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,635 |
| Continuing-generation students | $6,462 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Fletcher Technical Community College.
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.
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.