by our College Data Analytics TeamThis page focuses on the debt students take on to attend Southeastern Technical Institute, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Southeastern Technical Institute, 67% of new students use loans toward freshman-year expenses, borrowing on average $7,623 per borrower, covering both private and federal loans.
The average federally funded loan is $7,898. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Looking at all undergraduates at Southeastern Technical Institute, freshmen included, 40% finance part of their studies with federal loans, for a typical $5,152 annually. This is 34.8% smaller than the first-year federal average of $7,898.
Borrowing at that rate every year works out to about $10,304 after two years and $20,608 over four years. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 40% |
| Average federal loan per year | $5,152 |
| Undergraduates with a federal loan | 106 |
| Total federal loans (one year) | $546,145 |
The middle borrower at Southeastern Technical Institute owes $6,750 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,750 |
| Students who completed (graduates) | $8,846 |
| Students who withdrew | $4,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Southeastern Technical Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,575 |
| 25th percentile | $4,451 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,068 |
How wide this percentile range is tells you how much borrowing varies across students at Southeastern 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 Southeastern Technical Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 20 | $9,300 |
The indicators below describe what the typical debt costs to pay back at Southeastern Technical Institute.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Southeastern Technical Institute is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.0% |
| Borrowers in the cohort | 82 |
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 | $8,654 |
| Middle income | $5,500 |
| High income | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,475 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Southeastern Technical Institute.
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?
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.