by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Eves College of Hairstyling: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
At Eves College of Hairstyling, 81% of incoming undergraduates borrow in year one, borrowing on average $5,762 per borrower, covering both private and federal loans.
Federal loans alone average $5,762. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Looking at all undergraduates at Eves College of Hairstyling, freshmen included, 56% rely on federal student loans toward their education, at an average of $7,066 each per year. It comes to 22.6% greater than the first-year federal average of $5,762.
Carrying that yearly figure forward comes to roughly $14,132 by year two and around $28,264 across a four-year program. 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 | $7,066 |
| Undergraduates with a federal loan | 76 |
| Total federal loans (one year) | $537,009 |
The middle borrower at Eves College of Hairstyling owes $6,333 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $7,147 |
| Students who withdrew | $3,150 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Eves College of Hairstyling.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,792 |
| 25th percentile | $4,750 |
| 75th percentile | $14,116 |
| 90th percentile (highest-debt students) | $16,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Eves College of Hairstyling.
The indicators below describe what the typical debt costs to pay back at Eves College of Hairstyling.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Eves College of Hairstyling is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.2% |
| Borrowers in the cohort | 62 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,850 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,708 |
| Independent students | $6,333 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Eves College of Hairstyling.
The Difference Between 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.
Did You Know?
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.