by our College Data Analytics TeamHere you will find what students actually borrow to attend Triangle Tech-Chambersburg, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Triangle Tech-Chambersburg, 73% of freshmen borrow to help pay for their first year, averaging $7,682 each — a figure that counts both private and federal student loans.
Federal loans alone average $6,164. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at Triangle Tech-Chambersburg, 73% take out federal student loans, at an average of $7,128 a year. It comes to 15.6% more than the $6,164 borrowed by freshmen.
Borrowing at that rate every year works out to about $14,256 in two years and roughly $28,512 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 73% |
| Average federal loan per year | $7,128 |
| Undergraduates with a federal loan | 46 |
| Total federal loans (one year) | $327,885 |
Graduating and withdrawing students at Triangle Tech-Chambersburg carry a median federal debt of $12,000 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $12,000 |
| Students who completed (graduates) | $18,084 |
| Students who withdrew | $5,500 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Triangle Tech-Chambersburg.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $8,625 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $20,000 |
How wide this percentile range is tells you how much borrowing varies across students at Triangle Tech-Chambersburg.
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 Triangle Tech-Chambersburg.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 49 | $9,993 |
| Completed (graduates) | 30 | $15,370 |
| Did not complete | 19 | $8,482 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $182.77/mo.
These figures turn the debt totals into a monthly repayment picture for Triangle Tech-Chambersburg.
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 Triangle Tech-Chambersburg follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.3% |
| Borrowers in the cohort | 203 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $18,961 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Triangle Tech-Chambersburg.
Subsidized vs. 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.