by our College Data Analytics TeamThis page focuses on the debt students take on to attend Celebrity Barber School, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
At Celebrity Barber School, 100% of incoming students take out a loan to help cover first-year costs, for an average of $9,500 per student, private and federal loans combined.
On the federal side, the average loan is $9,500. 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 Celebrity Barber School, 79% borrow through federal student loan programs, averaging $8,455 in federal loans per year. That amounts to 11.0% less than the $9,500 freshmen take on.
Borrowing the same amount each year would add up to roughly $16,910 over two years and about $33,820 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 79% |
| Average federal loan per year | $8,455 |
| Undergraduates with a federal loan | 19 |
| Total federal loans (one year) | $160,638 |
The median student at Celebrity Barber School borrows $6,333 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Celebrity Barber School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,205 |
| 75th percentile | $9,833 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Celebrity Barber 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 Celebrity Barber School appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.2% |
| Borrowers in the cohort | 14 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Federal data publishes the following gap measures for Celebrity Barber School.
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
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.