by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Arthur’s Beauty College Inc - Jacksonville, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Arthur’s Beauty College Inc - Jacksonville, 67% of new students use loans toward freshman-year expenses, borrowing on average $7,917 each, across private and federal loan sources.
The average federally funded loan is $7,917. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at Arthur’s Beauty College Inc - Jacksonville, 65% finance part of their studies with federal loans, averaging $7,260 a year. This is 8.3% under the freshman federal average of $7,917.
Carrying that yearly figure forward comes to roughly $14,520 over two years and about $29,040 by the fourth year. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 65% |
| Average federal loan per year | $7,260 |
| Undergraduates with a federal loan | 40 |
| Total federal loans (one year) | $290,387 |
The median student at Arthur’s Beauty College Inc - Jacksonville borrows $7,931 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,931 |
| Students who completed (graduates) | $9,833 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Arthur’s Beauty College Inc - Jacksonville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $15,295 |
| 90th percentile (highest-debt students) | $16,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Arthur’s Beauty College Inc - Jacksonville.
Repayment burden translates the debt figures into what a borrower actually pays each month. Arthur’s Beauty College Inc - Jacksonville.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Arthur’s Beauty College Inc - Jacksonville follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.0% |
| Borrowers in the cohort | 110 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,599 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,599 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,434 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Arthur’s Beauty College Inc - Jacksonville.
Subsidized vs. 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.