by our College Data Analytics TeamThis page focuses on the debt students take on to attend Mech-Tech College: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
At Mech-Tech College specifically, 7% of incoming students take out a loan to help cover first-year costs, averaging $4,033 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $4,033, equal to roughly 73.3% of the $5,500 cap on first-year federal borrowing for the 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.
For undergraduates overall at Mech-Tech College, 9% use federal student loans to help pay for their education, for a typical $3,537 annually. This is 12.3% less than the $4,033 borrowed by freshmen.
At a steady annual pace, that totals around $7,074 after two years and $14,148 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 9% |
| Average federal loan per year | $3,537 |
| Undergraduates with a federal loan | 209 |
| Total federal loans (one year) | $739,294 |
The middle borrower at Mech-Tech College owes $3,008 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,008 |
| Students who completed (graduates) | $3,500 |
| Students who withdrew | $2,000 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Mech-Tech College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $714 |
| 25th percentile | $1,189 |
| 75th percentile | $6,986 |
| 90th percentile (highest-debt students) | $11,485 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Mech-Tech College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Mech-Tech College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 46 | $4,824 |
Federal data lets us separate Stafford borrowers from the rest at Mech-Tech College.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 23 | $3,500 |
| No Stafford loan | 23 | $5,000 |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 15 | — |
| No Stafford loan this year | 31 | — |
The indicators below describe what the typical debt costs to pay back at Mech-Tech College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Mech-Tech College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 40 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $2,700 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,000 |
| Continuing-generation students | $3,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $2,845 |
| Independent students | $3,600 |
Federal data publishes the following gap measures for Mech-Tech College.
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
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.