by our College Data Analytics TeamThis page focuses on the debt students take on to attend Mahoning County Career and Technical Center— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
For undergraduates overall at Mahoning County Career and Technical Center, 7% use federal student loans to help pay for their education, at an average of $5,489 a year.
Repeating that yearly amount projects to about $10,978 over two years and about $21,956 over a four-year span. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 7% |
| Average federal loan per year | $5,489 |
| Undergraduates with a federal loan | 10 |
| Total federal loans (one year) | $54,885 |
Graduating and withdrawing students at Mahoning County Career and Technical Center carry a median federal debt of $5,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Mahoning County Career and Technical Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,752 |
| 75th percentile | $5,650 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Mahoning County Career and Technical Center.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Mahoning County Career and Technical Center is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 16.6% |
| Borrowers in the cohort | 4 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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.
Important to Remember
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.