by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Vet Tech Institute of Houston: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Vet Tech Institute of Houston, 78% of incoming students take out a loan to help cover first-year costs, for an average of $7,170 each, across private and federal loan sources.
Federal loans alone average $6,918. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Looking at all undergraduates at Vet Tech Institute of Houston, freshmen included, 73% use federal student loans to help pay for their education, averaging $6,510 annually. That is 5.9% lower than the first-year federal average of $6,918.
Borrowing the same amount each year would add up to roughly $13,020 over two years and about $26,040 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 73% |
| Average federal loan per year | $6,510 |
| Undergraduates with a federal loan | 139 |
| Total federal loans (one year) | $904,841 |
Graduating and withdrawing students at Vet Tech Institute of Houston 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) | $12,000 |
| Students who withdrew | $4,750 |
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 Vet Tech Institute of Houston.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $16,000 |
| 90th percentile (highest-debt students) | $20,000 |
How wide this percentile range is tells you how much borrowing varies across students at Vet Tech Institute of Houston.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Vet Tech Institute of Houston.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 137 | $9,795 |
| Completed (graduates) | 78 | $14,950 |
| Did not complete | 59 | $5,298 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $177.77/mo.
These figures turn the debt totals into a monthly repayment picture for Vet Tech Institute of Houston.
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 Vet Tech Institute of Houston follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.9% |
| Borrowers in the cohort | 165 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $11,773 |
| High income | $11,999 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,999 |
| Continuing-generation students | $12,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,922 |
| Independent students | $18,806 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Vet Tech Institute of Houston.
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?
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.