by our College Data Analytics TeamThis page focuses on the debt students take on to attend Nicolet Area Technical 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 Nicolet Area Technical College, 21% of incoming students take out a loan to help cover first-year costs, borrowing on average $3,250 each — a figure that counts both private and federal student loans.
On the federal side, the average loan is $3,250, representing 59.1% of the typical first-year dependent student borrowing cap of $5,500. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Looking at all undergraduates at Nicolet Area Technical College, freshmen included, 31% rely on federal student loans toward their education, at an average of $3,605 annually. That is 10.9% more than the $3,250 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $7,210 by year two and around $14,420 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 31% |
| Average federal loan per year | $3,605 |
| Undergraduates with a federal loan | 217 |
| Total federal loans (one year) | $782,307 |
The middle borrower at Nicolet Area Technical College owes $3,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,500 |
| Students who completed (graduates) | $7,837 |
| Students who withdrew | $3,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Nicolet Area Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,750 |
| 75th percentile | $8,500 |
| 90th percentile (highest-debt students) | $14,000 |
How wide this percentile range is tells you how much borrowing varies across students at Nicolet Area Technical College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Nicolet Area Technical College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 36 | $11,680 |
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Nicolet Area Technical College.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 12 | — |
| No Stafford loan this year | 24 | — |
The indicators below describe what the typical debt costs to pay back at Nicolet Area Technical College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Nicolet Area Technical College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.7% |
| Borrowers in the cohort | 329 |
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 | $4,146 |
| Middle income | $3,500 |
| High income | $3,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,500 |
| Continuing-generation students | $3,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,500 |
| Independent students | $4,281 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Nicolet Area Technical 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.
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.