by our College Data Analytics TeamHere you will find what students actually borrow to attend Mid-EastCTC-Adult Education— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
Looking at the entering class at Mid-EastCTC-Adult Education, 41% of freshmen borrow to help pay for their first year, averaging $6,500 per student, private and federal loans combined.
On the federal side, the average loan is $6,500. 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.
For undergraduates overall at Mid-EastCTC-Adult Education, 33% borrow through federal student loan programs, averaging $6,573 per year. That is 1.1% greater than the $6,500 freshmen take on.
Repeating that yearly amount projects to about $13,146 over two years and about $26,292 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 33% |
| Average federal loan per year | $6,573 |
| Undergraduates with a federal loan | 146 |
| Total federal loans (one year) | $959,673 |
The middle borrower at Mid-EastCTC-Adult Education owes $7,063 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,063 |
| Students who completed (graduates) | $7,600 |
| Students who withdrew | $2,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Mid-EastCTC-Adult Education.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,800 |
| 25th percentile | $4,400 |
| 75th percentile | $9,233 |
| 90th percentile (highest-debt students) | $9,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Mid-EastCTC-Adult Education.
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 Mid-EastCTC-Adult Education.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 29 | $6,172 |
These figures turn the debt totals into a monthly repayment picture for Mid-EastCTC-Adult Education.
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 Mid-EastCTC-Adult Education is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 13.9% |
| Borrowers in the cohort | 136 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,600 |
| Middle income | $6,385 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,125 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,432 |
Federal data publishes the following gap measures for Mid-EastCTC-Adult Education.
The Difference Between 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.
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.