by our College Data Analytics TeamThis page focuses on the debt students take on to attend Medical Career & Technical College, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Medical Career & Technical College, 91% of incoming students take out a loan to help cover first-year costs, for an average of $8,102 each, across private and federal loan sources.
The typical federal loan comes to $8,102. That is at or past the $5,500 federal first-year limit 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 Medical Career & Technical College, 56% finance part of their studies with federal loans, borrowing on average $8,316 in federal loans per year. It comes to 2.6% higher than the freshman federal average of $8,102.
Borrowing at that rate every year works out to about $16,632 in two years and roughly $33,264 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 56% |
| Average federal loan per year | $8,316 |
| Undergraduates with a federal loan | 176 |
| Total federal loans (one year) | $1,463,571 |
Graduating and withdrawing students at Medical Career & Technical College carry a median federal debt of $5,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $3,166 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Repayment burden translates the debt figures into what a borrower actually pays each month. Medical Career & Technical College.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,808 |
| Independent students | $6,333 |
Subsidized and 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.
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.