by our College Data Analytics TeamThis page focuses on the debt students take on to attend Academy of Hair Design - Las Vegas: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Academy of Hair Design - Las Vegas, 83% of new students use loans toward freshman-year expenses, with a typical loan of $6,594 each, across private and federal loan sources.
The average federal loan is $6,594. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at Academy of Hair Design - Las Vegas, 74% finance part of their studies with federal loans, with a mean of $5,728 in federal loans per year. That amounts to 13.1% lower than the $6,594 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $11,456 across two years and $22,912 across a four-year program. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 74% |
| Average federal loan per year | $5,728 |
| Undergraduates with a federal loan | 260 |
| Total federal loans (one year) | $1,489,284 |
Graduating and withdrawing students at Academy of Hair Design - Las Vegas carry a median federal debt of $6,211 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,211 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $4,483 |
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 Academy of Hair Design - Las Vegas.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,928 |
| 25th percentile | $4,433 |
| 75th percentile | $11,000 |
| 90th percentile (highest-debt students) | $14,700 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Academy of Hair Design - Las Vegas.
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 Academy of Hair Design - Las Vegas.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 39 | $6,741 |
These figures turn the debt totals into a monthly repayment picture for Academy of Hair Design - Las Vegas.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Academy of Hair Design - Las Vegas follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.2% |
| Borrowers in the cohort | 151 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $5,512 |
| Middle income | $6,333 |
| High income | $6,333 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,211 |
| Continuing-generation students | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,217 |
| Independent students | $6,211 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Academy of Hair Design - Las Vegas.
Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
Did You Know?
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.