by our College Data Analytics TeamHere you will find what students actually borrow to attend Lake Tahoe Community College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Looking at the entering class at LTCC, 4% of incoming undergraduates borrow in year one, with a typical loan of $6,157 per borrower, covering both private and federal loans.
The typical federal loan comes to $6,157. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Counting every undergraduate at LTCC, 2% use federal student loans to help pay for their education, at an average of $7,411 a year. This works out to 20.4% higher than the $6,157 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $14,822 after two years and $29,644 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 2% |
| Average federal loan per year | $7,411 |
| Undergraduates with a federal loan | 60 |
| Total federal loans (one year) | $444,675 |
Graduating and withdrawing students at LTCC carry a median federal debt of $5,100 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,100 |
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at LTCC.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 419 | $20,000 |
| Completed (graduates) | 22 | $28,754 |
| Did not complete | 397 | $19,972 |
On a standard 10-year plan, the median completing borrower would pay about $341.92/mo.
Federal data lets us separate Stafford borrowers from the rest at LTCC.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 398 | $19,942 |
| No Stafford loan | 21 | $22,000 |
Repayment burden translates the debt figures into what a borrower actually pays each month. LTCC.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for LTCC is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.0% |
| Borrowers in the cohort | 30 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
These pre-calculated indicators summarize the borrowing gaps between cohorts at LTCC.
The Difference Between Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
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.