by our College Data Analytics TeamHere you will find what students actually borrow to attend Academy of Hair Design - Oklahoma City— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
Looking at the entering class at Academy of Hair Design - Oklahoma City, 84% of incoming undergraduates borrow in year one, with a typical loan of $5,777 per student, private and federal loans combined.
The average federally funded loan is $5,777. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at Academy of Hair Design - Oklahoma City, 59% use federal student loans to help pay for their education, at an average of $7,271 each per year. This works out to 25.9% more than the $5,777 freshmen take on.
At a steady annual pace, that totals around $14,542 across two years and $29,084 over a four-year span. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 59% |
| Average federal loan per year | $7,271 |
| Undergraduates with a federal loan | 56 |
| Total federal loans (one year) | $407,164 |
The median student at Academy of Hair Design - Oklahoma City borrows $9,833 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,833 |
| Students who completed (graduates) | $16,500 |
| Students who withdrew | $4,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Academy of Hair Design - Oklahoma City.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $6,111 |
| 75th percentile | $16,500 |
| 90th percentile (highest-debt students) | $16,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Academy of Hair Design - Oklahoma City.
Repayment burden translates the debt figures into what a borrower actually pays each month. Academy of Hair Design - Oklahoma City.
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 Academy of Hair Design - Oklahoma City follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 29.4% |
| Borrowers in the cohort | 51 |
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 | $12,598 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $16,500 |
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.
Did You Know?
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.