by our College Data Analytics TeamThis page focuses on the debt students take on to attend Cosmetology Training Center: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
At Cosmetology Training Center specifically, 81% of new students use loans toward freshman-year expenses, at roughly $5,549 each — a figure that counts both private and federal student loans.
The average federal loan is $5,549. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Looking at all undergraduates at Cosmetology Training Center, freshmen included, 56% rely on federal student loans toward their education, at an average of $5,199 in federal loans per year. That is 6.3% below the freshman federal average of $5,549.
At a steady annual pace, that totals around $10,398 after two years and $20,796 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 56% |
| Average federal loan per year | $5,199 |
| Undergraduates with a federal loan | 87 |
| Total federal loans (one year) | $452,351 |
The median student at Cosmetology Training Center borrows $7,350 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,350 |
| Students who completed (graduates) | $7,800 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Cosmetology Training Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $9,833 |
These figures turn the debt totals into a monthly repayment picture for Cosmetology Training Center.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Cosmetology Training Center is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.4% |
| Borrowers in the cohort | 53 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,050 |
| Middle income | $8,901 |
| High income | $8,858 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,600 |
| Independent students | $7,246 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Cosmetology Training Center.
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.
Did You Know?
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.