by our College Data Analytics TeamThis page focuses on the debt students take on to attend Southern Technical College, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Among first-year students at Southern Technical College, 63% of first-year students take on loan debt, with a typical loan of $6,176 each, across private and federal loan sources.
The average federally funded loan is $6,176. 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 Southern Technical College, freshmen included, 67% finance part of their studies with federal loans, at an average of $8,842 a year. That is 43.2% more than the freshman federal average of $6,176.
Borrowing the same amount each year would add up to roughly $17,684 over two years and about $35,368 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 67% |
| Average federal loan per year | $8,842 |
| Undergraduates with a federal loan | 1,590 |
| Total federal loans (one year) | $14,058,355 |
Graduating and withdrawing students at Southern Technical College carry a median federal debt of $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $11,250 |
| Students who withdrew | $5,500 |
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 Southern Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,334 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $21,750 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Southern Technical College.
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 Southern Technical College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 202 | $5,768 |
| Completed (graduates) | 122 | $6,649 |
| Did not complete | 80 | $4,760 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $79.06/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Southern Technical College.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 183 | $5,699 |
| No Stafford loan this year | 19 | $8,239 |
These figures turn the debt totals into a monthly repayment picture for Southern Technical College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Southern Technical College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.6% |
| Borrowers in the cohort | 476 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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 | $9,942 |
| Middle income | $9,500 |
| High income | $6,583 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,583 |
| Independent students | $11,250 |
Federal data publishes the following gap measures for Southern Technical College.
The Difference Between Subsidized and 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
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.