by our College Data Analytics TeamThis page focuses on the debt students take on to attend Empire Beauty School-Cincinnati— 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.
Among first-year students at Empire Beauty School-Cincinnati, 61% of first-year students take on loan debt, with a typical loan of $7,221 per student, private and federal loans combined.
On the federal side, the average loan is $7,221. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Across the full undergraduate body at Empire Beauty School-Cincinnati (freshmen included), 56% rely on federal student loans toward their education, at an average of $8,044 a year. This works out to 11.4% above the $7,221 freshmen take on.
Carrying that yearly figure forward comes to roughly $16,088 by year two and around $32,176 over a four-year span. 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 | $8,044 |
| Undergraduates with a federal loan | 163 |
| Total federal loans (one year) | $1,311,163 |
The middle borrower at Empire Beauty School-Cincinnati owes $6,155 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,155 |
| Students who completed (graduates) | $16,500 |
| 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.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Empire Beauty School-Cincinnati.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $4,412 |
| 75th percentile | $12,216 |
| 90th percentile (highest-debt students) | $15,452 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Empire Beauty School-Cincinnati.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Empire Beauty School-Cincinnati.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 31 | $8,790 |
The indicators below describe what the typical debt costs to pay back at Empire Beauty School-Cincinnati.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Empire Beauty School-Cincinnati follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.4% |
| Borrowers in the cohort | 67 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,066 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,155 |
| Independent students | $6,443 |
Subsidized vs. 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.
Important to Remember
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.