by our College Data Analytics TeamBelow is federal data on the loans students use to pay for California Hair Design Academy— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
Among first-year students at California Hair Design Academy, 63% of freshmen borrow to help pay for their first year, averaging $6,279 per student, private and federal loans combined.
The typical federal loan comes to $6,279. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at California Hair Design Academy, 51% use federal student loans to help pay for their education, with a mean of $4,314 annually. That is 31.3% lower than the first-year federal average of $6,279.
At a steady annual pace, that totals around $8,628 across two years and $17,256 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 51% |
| Average federal loan per year | $4,314 |
| Undergraduates with a federal loan | 90 |
| Total federal loans (one year) | $388,296 |
The middle borrower at California Hair Design Academy owes $6,028 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,028 |
| Students who completed (graduates) | $6,333 |
Half of all borrowers fall between the 25th and 75th percentiles shown below for California Hair Design Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,230 |
| 25th percentile | $3,666 |
| 75th percentile | $7,400 |
| 90th percentile (highest-debt students) | $10,555 |
How wide this percentile range is tells you how much borrowing varies across students at California Hair Design Academy.
These figures turn the debt totals into a monthly repayment picture for California Hair Design Academy.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for California Hair Design Academy follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.7% |
| Borrowers in the cohort | 94 |
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 | $5,263 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,852 |
| Continuing-generation students | $6,333 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,655 |
| Independent students | $6,000 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at California Hair Design Academy.
Subsidized vs. 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.
Important to Remember
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.