by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Don Roberts School of Hair Design: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Don Roberts School of Hair Design, 48% of freshmen borrow to help pay for their first year, averaging $5,442 per student, private and federal loans combined.
On the federal side, the average loan is $5,442, or about 98.9% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Among all degree-seeking undergrads at Don Roberts School of Hair Design, 46% finance part of their studies with federal loans, for a typical $5,442 in federal loans per year.
At a steady annual pace, that totals around $10,884 in two years and roughly $21,768 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 46% |
| Average federal loan per year | $5,442 |
| Undergraduates with a federal loan | 22 |
| Total federal loans (one year) | $119,713 |
The middle borrower at Don Roberts School of Hair Design owes $6,251 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,251 |
| Students who completed (graduates) | $8,025 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Don Roberts School of Hair Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $6,291 |
| 75th percentile | $10,094 |
These figures turn the debt totals into a monthly repayment picture for Don Roberts School of Hair Design.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Don Roberts School of Hair Design is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.2% |
| Borrowers in the cohort | 44 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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.
Worth Knowing
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.