by our College Data Analytics TeamHere you will find what students actually borrow to attend Sandusky Career Center: 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 Sandusky Career Center, 71% of new students use loans toward freshman-year expenses, borrowing on average $7,276 each, across private and federal loan sources.
On the federal side, the average loan is $7,276. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Among all degree-seeking undergrads at Sandusky Career Center, 67% use federal student loans to help pay for their education, borrowing on average $6,184 per year. It comes to 15.0% under the first-year federal average of $7,276.
At a steady annual pace, that totals around $12,368 across two years and $24,736 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 67% |
| Average federal loan per year | $6,184 |
| Undergraduates with a federal loan | 118 |
| Total federal loans (one year) | $729,751 |
The median student at Sandusky Career Center borrows $12,773 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,773 |
| Students who completed (graduates) | $14,513 |
| Students who withdrew | $5,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Sandusky Career Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,272 |
| 25th percentile | $4,750 |
| 75th percentile | $12,456 |
| 90th percentile (highest-debt students) | $12,773 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Sandusky Career Center.
These figures turn the debt totals into a monthly repayment picture for Sandusky Career Center.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Sandusky Career Center follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.3% |
| Borrowers in the cohort | 64 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,773 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,395 |
| Independent students | $14,113 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Sandusky Career Center.
Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Did You Know?
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.