by our College Data Analytics TeamThis page focuses on the debt students take on to attend Spartan College of Aeronautics & Technology: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
At Spartan College - Los Angeles specifically, 69% of first-year students take on loan debt, at roughly $8,550 per borrower, covering both private and federal loans.
The average federally funded loan is $8,550. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
For undergraduates overall at Spartan College - Los Angeles, 43% borrow through federal student loan programs, for a typical $8,299 in federal loans per year. This is 2.9% under the freshman federal average of $8,550.
Repeating that yearly amount projects to about $16,598 after two years and $33,196 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 43% |
| Average federal loan per year | $8,299 |
| Undergraduates with a federal loan | 233 |
| Total federal loans (one year) | $1,933,591 |
The median student at Spartan College - Los Angeles borrows $20,000 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $20,000 |
| Students who completed (graduates) | $20,000 |
| Students who withdrew | $9,500 |
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 Spartan College - Los Angeles.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,104 |
| 25th percentile | $9,500 |
| 75th percentile | $24,166 |
| 90th percentile (highest-debt students) | $24,166 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Spartan College - Los Angeles.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Spartan College - Los Angeles.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 163 | $13,148 |
| Completed (graduates) | 129 | $14,956 |
| Did not complete | 34 | $9,531 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $177.84/mo.
The indicators below describe what the typical debt costs to pay back at Spartan College - Los Angeles.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Spartan College - Los Angeles is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.4% |
| Borrowers in the cohort | 285 |
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 | $20,000 |
| Middle income | $17,217 |
| High income | $14,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,000 |
| Continuing-generation students | $18,375 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,500 |
| Independent students | $20,000 |
Federal data publishes the following gap measures for Spartan College - Los Angeles.
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.