by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Avery James School of Cosmetology, 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 Avery James School of Cosmetology, 64% of incoming undergraduates borrow in year one, at roughly $3,950 per borrower, covering both private and federal loans.
The average federally funded loan is $3,950, which is 71.8% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
For undergraduates overall at Avery James School of Cosmetology, 78% take out federal student loans, with a mean of $3,846 annually. That amounts to 2.6% less than the freshman federal average of $3,950.
At a steady annual pace, that totals around $7,692 after two years and $15,384 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 78% |
| Average federal loan per year | $3,846 |
| Undergraduates with a federal loan | 91 |
| Total federal loans (one year) | $349,995 |
The median student at Avery James School of Cosmetology borrows $5,229 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,229 |
| Students who completed (graduates) | $9,573 |
| Students who withdrew | $2,723 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The indicators below describe what the typical debt costs to pay back at Avery James School of Cosmetology.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Avery James School of Cosmetology follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 0 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,229 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,219 |
| Independent students | $5,229 |
The Difference Between 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.
Worth Knowing
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.