by our College Data Analytics TeamBelow is federal data on the loans students use to pay for WyoTech, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Wyotech-Laramie, 70% of incoming undergraduates borrow in year one, averaging $7,021 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $6,324. 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.
Across the full undergraduate body at Wyotech-Laramie (freshmen included), 68% rely on federal student loans toward their education, averaging $5,566 each per year. It comes to 12.0% less than the $6,324 borrowed by freshmen.
Borrowing at that rate every year works out to about $11,132 across two years and $22,264 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 | 68% |
| Average federal loan per year | $5,566 |
| Undergraduates with a federal loan | 994 |
| Total federal loans (one year) | $5,532,984 |
The median student at Wyotech-Laramie borrows $6,800 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,800 |
| Students who completed (graduates) | $6,800 |
| Students who withdrew | $3,092 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Wyotech-Laramie.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,800 |
| 25th percentile | $6,246 |
| 75th percentile | $11,600 |
| 90th percentile (highest-debt students) | $15,398 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Wyotech-Laramie.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Wyotech-Laramie.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 344 | $21,680 |
| Completed (graduates) | 301 | $22,237 |
| Did not complete | 43 | $12,922 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $264.42/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Wyotech-Laramie.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 325 | $21,684 |
| No Stafford loan | 19 | $5,000 |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 325 | $21,684 |
| No Stafford loan this year | 19 | $5,000 |
These figures turn the debt totals into a monthly repayment picture for Wyotech-Laramie.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Wyotech-Laramie follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.0% |
| Borrowers in the cohort | 4170 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,800 |
| Middle income | $6,800 |
| High income | $6,800 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,800 |
| Continuing-generation students | $6,800 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,800 |
| Independent students | $10,590 |
Federal data publishes the following gap measures for Wyotech-Laramie.
Subsidized and 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
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.