by our College Data Analytics TeamHere you will find what students actually borrow to attend MTI College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at MTI College, 37% of incoming undergraduates borrow in year one, borrowing on average $4,197 each — a figure that counts both private and federal student loans.
On the federal side, the average loan is $4,197, amounting to 76.3% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at MTI College, freshmen included, 30% finance part of their studies with federal loans, borrowing on average $4,100 annually. That amounts to 2.3% lower than the freshman federal average of $4,197.
At a steady annual pace, that totals around $8,200 in two years and roughly $16,400 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 30% |
| Average federal loan per year | $4,100 |
| Undergraduates with a federal loan | 639 |
| Total federal loans (one year) | $2,619,622 |
Graduating and withdrawing students at MTI College carry a median federal debt of $7,060 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,060 |
| Students who completed (graduates) | $8,836 |
| Students who withdrew | $4,360 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 MTI College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,649 |
| 25th percentile | $4,750 |
| 75th percentile | $11,053 |
| 90th percentile (highest-debt students) | $14,522 |
How wide this percentile range is tells you how much borrowing varies across students at MTI College.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at MTI College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 118 | $6,434 |
| Completed (graduates) | 83 | $6,759 |
| Did not complete | 35 | $5,419 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $80.37/mo.
Federal data lets us separate Stafford borrowers from the rest at MTI College.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 106 | — |
| No Stafford loan this year | 12 | — |
Repayment burden translates the debt figures into what a borrower actually pays each month. MTI College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for MTI College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.5% |
| Borrowers in the cohort | 753 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,610 |
| Middle income | $7,773 |
| High income | $8,836 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,996 |
| Continuing-generation students | $8,201 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,580 |
| Independent students | $7,307 |
Federal data publishes the following gap measures for MTI College.
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.
Important to Remember
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.