by our College Data Analytics TeamThis page focuses on the debt students take on to attend Charleston School of Beauty Culture— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
At Charleston School of Beauty Culture specifically, 50% of incoming students take out a loan to help cover first-year costs, at roughly $5,115 per student, private and federal loans combined.
The typical federal loan comes to $5,115, representing 93.0% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Charleston School of Beauty Culture, freshmen included, 46% borrow through federal student loan programs, borrowing on average $5,611 per year. This is 9.7% larger than the $5,115 typical freshmen borrow.
Borrowing the same amount each year would add up to roughly $11,222 in two years and roughly $22,444 across a four-year program. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 46% |
| Average federal loan per year | $5,611 |
| Undergraduates with a federal loan | 44 |
| Total federal loans (one year) | $246,902 |
The median student at Charleston School of Beauty Culture borrows $5,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $6,128 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Charleston School of Beauty Culture.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,600 |
| 25th percentile | $3,666 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,054 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Charleston School of Beauty Culture.
The indicators below describe what the typical debt costs to pay back at Charleston School of Beauty Culture.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Charleston School of Beauty Culture follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 21.4% |
| Borrowers in the cohort | 42 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
Federal data publishes the following gap measures for Charleston School of Beauty Culture.
The Difference Between Subsidized and 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.
Did You Know?
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.