by our College Data Analytics TeamThis page focuses on the debt students take on to attend Arnolds Beauty School: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Looking at the entering class at Arnolds Beauty School, 31% of freshmen borrow to help pay for their first year, averaging $6,130 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $6,130. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at Arnolds Beauty School, 23% borrow through federal student loan programs, with a mean of $6,672 each per year. This works out to 8.8% higher than the freshman federal average of $6,130.
At a steady annual pace, that totals around $13,344 across two years and $26,688 by the fourth year. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 23% |
| Average federal loan per year | $6,672 |
| Undergraduates with a federal loan | 22 |
| Total federal loans (one year) | $146,773 |
The median student at Arnolds Beauty School borrows $7,667 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,667 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Arnolds Beauty School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $9,833 |
These figures turn the debt totals into a monthly repayment picture for Arnolds 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 Arnolds Beauty School is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.4% |
| Borrowers in the cohort | 35 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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.