by our College Data Analytics TeamHere you will find what students actually borrow to attend Southwest School of Business and Technical Careers-San Antonio— 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.
Looking at the entering class at Southwest School of Business and Technical Careers-San Antonio, 92% of incoming undergraduates borrow in year one, borrowing on average $2,901 each, across private and federal loan sources.
The average federal loan is $2,901, equal to roughly 52.7% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Across the full undergraduate body at Southwest School of Business and Technical Careers-San Antonio (freshmen included), 92% rely on federal student loans toward their education, averaging $3,131 in federal loans per year. That is 7.9% larger than the $2,901 typical freshmen borrow.
At a steady annual pace, that totals around $6,262 by year two and around $12,524 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.Undergraduate federal borrowing Value Share using federal loans 92% Average federal loan per year $3,131 Undergraduates with a federal loan 81 Total federal loans (one year) $253,602
Graduating and withdrawing students at Southwest School of Business and Technical Careers-San Antonio carry a median federal debt of $7,226 of cumulative federal debt.Borrower group Median federal debt All federal borrowers $7,226 Students who completed (graduates) $7,273 Students who withdrew $5,125
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 Southwest School of Business and Technical Careers-San Antonio.Percentile Cumulative Federal Debt 10th percentile (lowest-debt students) $1,750 25th percentile $3,500 75th percentile $6,283 90th percentile (highest-debt students) $7,048
How wide this percentile range is tells you how much borrowing varies across students at Southwest School of Business and Technical Careers-San Antonio.
The indicators below describe what the typical debt costs to pay back at Southwest School of Business and Technical Careers-San Antonio.
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 Southwest School of Business and Technical Careers-San Antonio appears below.Metric Value 2-year cohort default rate 30.3% Borrowers in the cohort 468
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 Dependency StatusCohort Median federal debt Dependent students $5,500 Independent students $7,387
Subsidized vs. 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.
Worth Knowing
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.