by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Lincoln Technical Institute - Whitestone: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Among first-year students at Lincoln Tech - Whitestone, 83% of freshmen borrow to help pay for their first year, for an average of $7,583 per student, private and federal loans combined.
Federal loans alone average $7,583. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Across the full undergraduate body at Lincoln Tech - Whitestone (freshmen included), 81% rely on federal student loans toward their education, borrowing on average $6,792 in federal loans per year. It comes to 10.4% below the $7,583 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $13,584 across two years and $27,168 across a four-year program. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 81% |
| Average federal loan per year | $6,792 |
| Undergraduates with a federal loan | 1,177 |
| Total federal loans (one year) | $7,993,654 |
The middle borrower at Lincoln Tech - Whitestone 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 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Lincoln Tech - Whitestone.
| 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 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Lincoln Tech - Whitestone.
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 - Whitestone.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 3310 | $13,336 |
| Completed (graduates) | 2311 | $15,166 |
| Did not complete | 999 | $8,262 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $180.34/mo.
Federal data lets us separate Stafford borrowers from the rest at Lincoln Tech - Whitestone.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 3125 | $13,716 |
| No Stafford loan | 185 | $3,785 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 3060 | $13,767 |
| No Stafford loan this year | 250 | $4,344 |
These figures turn the debt totals into a monthly repayment picture for Lincoln Tech - Whitestone.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Lincoln Tech - Whitestone follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 21.5% |
| Borrowers in the cohort | 5253 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,832 |
| Middle income | $9,833 |
| High income | $9,192 |
By First-Generation Status
| 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 - Whitestone.
The Difference Between Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Worth Knowing
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.