by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Northeast Technical Institute: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Looking at the entering class at Northeast Technical Institute, 52% of incoming undergraduates borrow in year one, with a typical loan of $11,783 per borrower, covering both private and federal loans.
The typical federal loan comes to $5,872. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Counting every undergraduate at Northeast Technical Institute, 49% rely on federal student loans toward their education, borrowing on average $6,029 per year. It comes to 2.7% larger than the first-year federal average of $5,872.
Borrowing at that rate every year works out to about $12,058 over two years and about $24,116 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 49% |
| Average federal loan per year | $6,029 |
| Undergraduates with a federal loan | 152 |
| Total federal loans (one year) | $916,466 |
The median student at Northeast Technical Institute borrows $8,550 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,550 |
| Students who completed (graduates) | $8,708 |
| Students who withdrew | $4,354 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Northeast Technical Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,617 |
| 25th percentile | $4,486 |
| 75th percentile | $8,708 |
| 90th percentile (highest-debt students) | $8,708 |
How wide this percentile range is tells you how much borrowing varies across students at Northeast Technical Institute.
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 Northeast Technical Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 59 | $8,008 |
The indicators below describe what the typical debt costs to pay back at Northeast Technical Institute.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,550 |
| Middle income | $8,550 |
| High income | $4,950 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,550 |
| Continuing-generation students | $8,550 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,950 |
| Independent students | $8,708 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Northeast Technical Institute.
Subsidized vs. 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
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.