by our College Data Analytics TeamThis page focuses on the debt students take on to attend U.S. Truck Driver Training School— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
At U.S. Truck Driver Training School, 4% of incoming students take out a loan to help cover first-year costs, at roughly $10,978 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $10,978. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Among all degree-seeking undergrads at U.S. Truck Driver Training School, 4% rely on federal student loans toward their education, at an average of $10,978 in federal loans per year.
Borrowing at that rate every year works out to about $21,956 across two years and $43,912 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 4% |
| Average federal loan per year | $10,978 |
| Undergraduates with a federal loan | 32 |
| Total federal loans (one year) | $351,293 |
The middle borrower at U.S. Truck Driver Training School owes $6,354 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,354 |
These figures turn the debt totals into a monthly repayment picture for U.S. Truck Driver Training School.
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.
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.