by our College Data Analytics TeamHere you will find what students actually borrow to attend Lincoln College of Technology-Denver: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
At Lincoln Tech - Denver specifically, 63% of new students use loans toward freshman-year expenses, borrowing on average $7,686 each, across private and federal loan sources.
The typical federal loan comes to $7,605. That sits at or beyond the $5,500 first-year federal limit 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.
Counting every undergraduate at Lincoln Tech - Denver, 60% use federal student loans to help pay for their education, with a mean of $7,406 a year. That is 2.6% under the $7,605 borrowed by freshmen.
At a steady annual pace, that totals around $14,812 after two years and $29,624 across a four-year program. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 60% |
| Average federal loan per year | $7,406 |
| Undergraduates with a federal loan | 1,110 |
| Total federal loans (one year) | $8,220,849 |
The middle borrower at Lincoln Tech - Denver owes $9,524 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,524 |
| Students who completed (graduates) | $11,730 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Lincoln Tech - Denver.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,662 |
| 75th percentile | $14,750 |
| 90th percentile (highest-debt students) | $18,250 |
How wide this percentile range is tells you how much borrowing varies across students at Lincoln Tech - Denver.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Lincoln Tech - Denver.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 3310 | $13,336 |
| Completed (graduates) | 2311 | $15,166 |
| Did not complete | 999 | $8,262 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $180.34/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Lincoln Tech - Denver.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 3125 | $13,716 |
| No Stafford loan | 185 | $3,785 |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 3060 | $13,767 |
| No Stafford loan this year | 250 | $4,344 |
The indicators below describe what the typical debt costs to pay back at Lincoln Tech - Denver.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Lincoln Tech - Denver is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 21.5% |
| Borrowers in the cohort | 5253 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,832 |
| Middle income | $9,833 |
| High income | $9,192 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,645 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $12,125 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Lincoln Tech - Denver.
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.
Important to Remember
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.