by our College Data Analytics TeamHere you will find what students actually borrow to attend American Beauty School— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
For incoming students at American Beauty School, 88% of freshmen borrow to help pay for their first year, with a typical loan of $6,662 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $7,478. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Among all degree-seeking undergrads at American Beauty School, 39% finance part of their studies with federal loans, borrowing on average $6,761 per year. That is 9.6% lower than the $7,478 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $13,522 in two years and roughly $27,044 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 39% |
| Average federal loan per year | $6,761 |
| Undergraduates with a federal loan | 86 |
| Total federal loans (one year) | $581,467 |
The median student at American Beauty School borrows $3,169 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,169 |
| Students who completed (graduates) | $3,500 |
| Students who withdrew | $2,210 |
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 American Beauty School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,721 |
| 25th percentile | $2,538 |
| 75th percentile | $5,182 |
| 90th percentile (highest-debt students) | $6,698 |
How wide this percentile range is tells you how much borrowing varies across students at American Beauty School.
Repayment burden translates the debt figures into what a borrower actually pays each month. American Beauty School.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for American Beauty School is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.4% |
| Borrowers in the cohort | 172 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $3,069 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,169 |
| Independent students | $3,090 |
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.
Worth Knowing
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.