by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Miller-Motte College-Berks Technical Institute-Lewisburg: 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.
At McCann School of Business & Technology specifically, 81% of incoming undergraduates borrow in year one, averaging $6,923 per borrower, covering both private and federal loans.
On the federal side, the average loan is $6,923. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
For undergraduates overall at McCann School of Business & Technology, 74% use federal student loans to help pay for their education, with a mean of $7,637 per year. It comes to 10.3% greater than the freshman federal average of $6,923.
Borrowing the same amount each year would add up to roughly $15,274 by year two and around $30,548 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 | 74% |
| Average federal loan per year | $7,637 |
| Undergraduates with a federal loan | 146 |
| Total federal loans (one year) | $1,114,999 |
Graduating and withdrawing students at McCann School of Business & Technology carry a median federal debt of $10,661 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $10,661 |
| Students who completed (graduates) | $15,917 |
| Students who withdrew | $6,334 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for McCann School of Business & Technology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,530 |
| 25th percentile | $6,333 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $16,500 |
How wide this percentile range is tells you how much borrowing varies across students at McCann School of Business & Technology.
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 McCann School of Business & Technology.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 1418 | $5,198 |
| Completed (graduates) | 847 | $6,007 |
| Did not complete | 571 | $4,120 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $71.43/mo.
Federal data lets us separate Stafford borrowers from the rest at McCann School of Business & Technology.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 1404 | — |
| No Stafford loan | 14 | — |
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 1271 | $5,093 |
| No Stafford loan this year | 147 | $6,500 |
Repayment burden translates the debt figures into what a borrower actually pays each month. McCann School of Business & Technology.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for McCann School of Business & Technology follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.7% |
| Borrowers in the cohort | 1420 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,657 |
| Middle income | $11,457 |
| High income | $9,111 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,587 |
| Continuing-generation students | $12,139 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $11,943 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at McCann School of Business & Technology.
The Difference Between Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
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.