by our College Data Analytics TeamThis page focuses on the debt students take on to attend Delmarva Beauty Academy— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Delmarva Beauty Academy, 80% of incoming students take out a loan to help cover first-year costs, borrowing on average $6,902 per student, private and federal loans combined.
Federal loans alone average $6,902. 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.
Among all degree-seeking undergrads at Delmarva Beauty Academy, 51% borrow through federal student loan programs, with a mean of $7,471 in federal loans per year. That amounts to 8.2% larger than the $6,902 typical freshmen borrow.
Repeating that yearly amount projects to about $14,942 by year two and around $29,884 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 51% |
| Average federal loan per year | $7,471 |
| Undergraduates with a federal loan | 31 |
| Total federal loans (one year) | $231,616 |
The middle borrower at Delmarva Beauty Academy owes $9,833 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,833 |
| Students who completed (graduates) | $16,500 |
| Students who withdrew | $5,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Delmarva Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $9,500 |
| 75th percentile | $15,500 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Delmarva Beauty Academy.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Delmarva Beauty Academy is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.3% |
| Borrowers in the cohort | 64 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,562 |
| Independent students | $16,500 |
The Difference Between 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.
Worth Knowing
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.