by our College Data Analytics TeamThis page focuses on the debt students take on to attend Empire Beauty School-Laconia, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Looking at the entering class at Empire Beauty School-Laconia, 79% of first-year students take on loan debt, at roughly $7,577 per borrower, covering both private and federal loans.
The average federally funded loan is $7,577. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at Empire Beauty School-Laconia, 53% borrow through federal student loan programs, averaging $7,054 annually. This works out to 6.9% less than the first-year federal average of $7,577.
Repeating that yearly amount projects to about $14,108 after two years and $28,216 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 53% |
| Average federal loan per year | $7,054 |
| Undergraduates with a federal loan | 61 |
| Total federal loans (one year) | $430,302 |
The middle borrower at Empire Beauty School-Laconia owes $7,461 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,461 |
| Students who completed (graduates) | $7,942 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Empire Beauty School-Laconia.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,277 |
| 75th percentile | $11,081 |
| 90th percentile (highest-debt students) | $15,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Empire Beauty School-Laconia.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Empire Beauty School-Laconia.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 73 | $8,243 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Empire Beauty School-Laconia.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Empire Beauty School-Laconia follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.1% |
| Borrowers in the cohort | 172 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $7,917 |
| High income | $7,942 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,666 |
| Continuing-generation students | $6,700 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,917 |
| Independent students | $6,917 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Empire Beauty School-Laconia.
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.
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.