by our College Data Analytics TeamHere you will find what students actually borrow to attend M T Training Center: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at M T Training Center, 21% of first-year students take on loan debt, for an average of $7,406 each, across private and federal loan sources.
Federal loans alone average $7,564. This meets or exceeds the $5,500 cap on first-year federal borrowing for 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.
Among all degree-seeking undergrads at M T Training Center, 52% use federal student loans to help pay for their education, borrowing on average $7,163 annually. It comes to 5.3% under the $7,564 freshmen take on.
Borrowing at that rate every year works out to about $14,326 across two years and $28,652 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 52% |
| Average federal loan per year | $7,163 |
| Undergraduates with a federal loan | 295 |
| Total federal loans (one year) | $2,113,085 |
The median student at M T Training Center borrows $6,755 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,755 |
| Students who completed (graduates) | $6,755 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for M T Training Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,377 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,474 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at M T Training Center.
These figures turn the debt totals into a monthly repayment picture for M T Training Center.
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 | $6,755 |
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.
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.