by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Jones Technical Institute: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Looking at the entering class at J-Tech, 76% of first-year students take on loan debt, borrowing on average $6,916 per student, private and federal loans combined.
On the federal side, the average loan is $5,987. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Among all degree-seeking undergrads at J-Tech, 71% take out federal student loans, with a mean of $5,964 a year. That amounts to 0.4% below the $5,987 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $11,928 across two years and $23,856 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 71% |
| Average federal loan per year | $5,964 |
| Undergraduates with a federal loan | 371 |
| Total federal loans (one year) | $2,212,811 |
The middle borrower at J-Tech owes $6,333 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $10,294 |
| Students who withdrew | $4,426 |
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 J-Tech.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,847 |
| 25th percentile | $4,267 |
| 75th percentile | $12,606 |
| 90th percentile (highest-debt students) | $16,837 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at J-Tech.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for J-Tech.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 117 | $6,603 |
| Completed (graduates) | 60 | $9,985 |
| Did not complete | 57 | $4,000 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $118.73/mo.
These figures turn the debt totals into a monthly repayment picture for J-Tech.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for J-Tech appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.7% |
| Borrowers in the cohort | 168 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $7,667 |
| High income | $5,917 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,991 |
| Independent students | $6,333 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at J-Tech.
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.
Worth Knowing
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.