by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Lincoln Technical Institute-Allentown— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Lincoln Tech - Allentown, 85% of incoming students take out a loan to help cover first-year costs, borrowing on average $6,759 per borrower, covering both private and federal loans.
The average federal loan is $6,759. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Among all degree-seeking undergrads at Lincoln Tech - Allentown, 86% take out federal student loans, at an average of $6,481 in federal loans per year. It comes to 4.1% less than the first-year federal average of $6,759.
Carrying that yearly figure forward comes to roughly $12,962 by year two and around $25,924 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 86% |
| Average federal loan per year | $6,481 |
| Undergraduates with a federal loan | 765 |
| Total federal loans (one year) | $4,957,768 |
The middle borrower at Lincoln Tech - Allentown owes $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $11,250 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Lincoln Tech - Allentown.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $16,000 |
| 90th percentile (highest-debt students) | $19,504 |
How wide this percentile range is tells you how much borrowing varies across students at Lincoln Tech - Allentown.
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 Lincoln Tech - Allentown.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1412 | $10,396 |
| Completed (graduates) | 938 | $12,456 |
| Did not complete | 474 | $7,163 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $148.12/mo.
Federal data lets us separate Stafford borrowers from the rest at Lincoln Tech - Allentown.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1323 | $10,761 |
| No Stafford loan | 89 | $5,254 |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1277 | $10,869 |
| No Stafford loan this year | 135 | $6,102 |
The indicators below describe what the typical debt costs to pay back at Lincoln Tech - Allentown.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Lincoln Tech - Allentown follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 21.2% |
| Borrowers in the cohort | 4294 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,878 |
| Middle income | $9,500 |
| High income | $8,967 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,750 |
| Independent students | $11,250 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Lincoln Tech - Allentown.
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.
Worth Knowing
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.