by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Avalon School of Cosmetology - Mesa, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Avalon School of Cosmetology - Mesa, 68% of first-year students take on loan debt, borrowing on average $7,890 each — a figure that counts both private and federal student loans.
Federal loans alone average $7,890. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Among all degree-seeking undergrads at Avalon School of Cosmetology - Mesa, 64% borrow through federal student loan programs, borrowing on average $7,640 annually. This works out to 3.2% less than the $7,890 typical freshmen borrow.
Repeating that yearly amount projects to about $15,280 across two years and $30,560 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 | 64% |
| Average federal loan per year | $7,640 |
| Undergraduates with a federal loan | 362 |
| Total federal loans (one year) | $2,765,807 |
Graduating and withdrawing students at Avalon School of Cosmetology - Mesa carry a median federal debt of $6,312 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,312 |
| Students who completed (graduates) | $6,332 |
| Students who withdrew | $3,167 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Avalon School of Cosmetology - Mesa.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,537 |
| 25th percentile | $3,664 |
| 75th percentile | $9,495 |
| 90th percentile (highest-debt students) | $12,012 |
How wide this percentile range is tells you how much borrowing varies across students at Avalon School of Cosmetology - Mesa.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Avalon School of Cosmetology - Mesa.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 241 | $6,409 |
| Completed (graduates) | 181 | $7,020 |
| Did not complete | 60 | $3,153 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $83.48/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Avalon School of Cosmetology - Mesa.
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 230 | — |
| No Stafford loan this year | 11 | — |
Repayment burden translates the debt figures into what a borrower actually pays each month. Avalon School of Cosmetology - Mesa.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Avalon School of Cosmetology - Mesa is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.9% |
| Borrowers in the cohort | 340 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,285 |
| Middle income | $6,332 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,287 |
| Continuing-generation students | $6,332 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,332 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Avalon School of Cosmetology - Mesa.
Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
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.