by our College Data Analytics TeamThis page focuses on the debt students take on to attend Deluxe Barber College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Deluxe Barber College, 62% of new students use loans toward freshman-year expenses, with a typical loan of $7,381 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $7,381. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
For undergraduates overall at Deluxe Barber College, 64% use federal student loans to help pay for their education, averaging $4,867 annually. That is 34.1% smaller than the freshman federal average of $7,381.
Repeating that yearly amount projects to about $9,734 over two years and about $19,468 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 64% |
| Average federal loan per year | $4,867 |
| Undergraduates with a federal loan | 110 |
| Total federal loans (one year) | $535,350 |
The middle borrower at Deluxe Barber College owes $5,339 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,339 |
| Students who completed (graduates) | $6,500 |
| Students who withdrew | $4,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Repayment burden translates the debt figures into what a borrower actually pays each month. Deluxe Barber College.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,954 |
| Independent students | $5,479 |
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.
Important to Remember
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.