by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Nebraska College of Technical Agriculture: 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 Nebraska College of Technical Agriculture, 36% of new students use loans toward freshman-year expenses, for an average of $3,974 per student, private and federal loans combined.
The average federal loan is $3,974, equal to roughly 72.3% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Among all degree-seeking undergrads at Nebraska College of Technical Agriculture, 40% rely on federal student loans toward their education, for a typical $4,521 a year. That is 13.8% above the first-year federal average of $3,974.
Borrowing the same amount each year would add up to roughly $9,042 across two years and $18,084 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 40% |
| Average federal loan per year | $4,521 |
| Undergraduates with a federal loan | 91 |
| Total federal loans (one year) | $411,446 |
The middle borrower at Nebraska College of Technical Agriculture owes $14,750 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $14,750 |
| Students who completed (graduates) | $21,000 |
| Students who withdrew | $6,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Nebraska College of Technical Agriculture.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $25,392 |
| 90th percentile (highest-debt students) | $31,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Nebraska College of Technical Agriculture.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Nebraska College of Technical Agriculture.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 3199 | $20,271 |
| Completed (graduates) | 1916 | $25,798 |
| Did not complete | 1283 | $16,000 |
On a standard 10-year plan, the median completing borrower would pay about $306.77/mo.
Federal data lets us separate Stafford borrowers from the rest at Nebraska College of Technical Agriculture.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 3121 | $20,493 |
| No Stafford loan | 78 | $18,507 |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 2847 | $20,914 |
| No Stafford loan this year | 352 | $14,954 |
The indicators below describe what the typical debt costs to pay back at Nebraska College of Technical Agriculture.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Nebraska College of Technical Agriculture appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.9% |
| Borrowers in the cohort | 4022 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $13,500 |
| Middle income | $13,318 |
| High income | $15,970 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,194 |
| Continuing-generation students | $15,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,500 |
| Independent students | $17,607 |
Federal data publishes the following gap measures for Nebraska College of Technical Agriculture.
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
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.