by our College Data Analytics TeamHere you will find what students actually borrow to attend Ohio Technical College, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Ohio Technical College specifically, 79% of freshmen borrow to help pay for their first year, borrowing on average $10,281 per student, private and federal loans combined.
The typical federal loan comes to $8,381. This meets or exceeds the $5,500 cap on first-year federal borrowing for the 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.
Across the full undergraduate body at Ohio Technical College (freshmen included), 70% take out federal student loans, with a mean of $10,540 in federal loans per year. That amounts to 25.8% higher than the $8,381 typical freshmen borrow.
Repeating that yearly amount projects to about $21,080 in two years and roughly $42,160 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 70% |
| Average federal loan per year | $10,540 |
| Undergraduates with a federal loan | 294 |
| Total federal loans (one year) | $3,098,622 |
The median student at Ohio Technical College borrows $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $12,000 |
| Students who withdrew | $3,668 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Ohio Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $7,667 |
| 75th percentile | $13,350 |
| 90th percentile (highest-debt students) | $20,000 |
How wide this percentile range is tells you how much borrowing varies across students at Ohio Technical College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Ohio Technical College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 184 | $12,737 |
| Completed (graduates) | 133 | $15,901 |
| Did not complete | 51 | $5,267 |
On a standard 10-year plan, the median completing borrower would pay about $189.08/mo.
The indicators below describe what the typical debt costs to pay back at Ohio Technical College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Ohio Technical College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 24.6% |
| Borrowers in the cohort | 743 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $11,667 |
| Middle income | $7,667 |
| High income | $10,548 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $11,987 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,034 |
| Independent students | $13,000 |
Federal data publishes the following gap measures for Ohio Technical College.
Subsidized vs. 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.
Important to Remember
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.