by our College Data Analytics TeamThis page focuses on the debt students take on to attend Southern Technical College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
At Southern Technical College, 80% of first-year students take on loan debt, at roughly $7,757 per student, private and federal loans combined.
The average federal loan is $7,757. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
For undergraduates overall at Southern Technical College, 81% use federal student loans to help pay for their education, with a mean of $8,369 in federal loans per year. That amounts to 7.9% larger than the $7,757 borrowed by freshmen.
Carrying that yearly figure forward comes to roughly $16,738 by year two and around $33,476 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 | 81% |
| Average federal loan per year | $8,369 |
| Undergraduates with a federal loan | 429 |
| Total federal loans (one year) | $3,590,386 |
The middle borrower at Southern Technical College owes $9,897 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,897 |
| Students who completed (graduates) | $11,250 |
| Students who withdrew | $6,334 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Southern Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,012 |
| 25th percentile | $5,607 |
| 75th percentile | $22,495 |
| 90th percentile (highest-debt students) | $29,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies 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 | 87 | $8,642 |
| Completed (graduates) | 46 | $9,710 |
| Did not complete | 41 | $7,574 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $115.46/mo.
The indicators below describe what the typical debt costs to pay back at Southern Technical College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Southern Technical College appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.7% |
| Borrowers in the cohort | 1610 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,312 |
| Middle income | $9,500 |
| High income | $9,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $11,250 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,583 |
| Independent students | $11,250 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Southern Technical College.
The Difference Between 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.