by our College Data Analytics TeamThis page focuses on the debt students take on to attend Academy of Hair Design - Pearl: 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.
At Academy of Hair Design - Pearl, 100% of first-year students take on loan debt, for an average of $7,488 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $7,488. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Across the full undergraduate body at Academy of Hair Design - Pearl (freshmen included), 69% borrow through federal student loan programs, borrowing on average $6,409 a year. This works out to 14.4% smaller than the $7,488 freshmen take on.
Carrying that yearly figure forward comes to roughly $12,818 after two years and $25,636 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 69% |
| Average federal loan per year | $6,409 |
| Undergraduates with a federal loan | 41 |
| Total federal loans (one year) | $262,763 |
Graduating and withdrawing students at Academy of Hair Design - Pearl carry a median federal debt of $6,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,500 |
| Students who completed (graduates) | $6,500 |
| Students who withdrew | $1,750 |
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 - Pearl.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,500 |
| 75th percentile | $9,833 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Academy of Hair Design - Pearl.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Academy of Hair Design - Pearl follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 1.8% |
| Borrowers in the cohort | 24 |
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 | $3,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $4,203 |
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.
Important to Remember
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.