by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Hawaii Institute 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 Hawaii Institute of Hair Design, 54% of new students use loans toward freshman-year expenses, at roughly $8,574 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $8,574. 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.
Among all degree-seeking undergrads at Hawaii Institute of Hair Design, 44% take out federal student loans, averaging $7,125 annually. That amounts to 16.9% under the freshman federal average of $8,574.
Borrowing at that rate every year works out to about $14,250 in two years and roughly $28,500 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 44% |
| Average federal loan per year | $7,125 |
| Undergraduates with a federal loan | 55 |
| Total federal loans (one year) | $391,870 |
The median student at Hawaii Institute of Hair Design borrows $5,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $5,793 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Hawaii Institute of Hair Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,840 |
| 25th percentile | $4,865 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Hawaii Institute of Hair Design.
Repayment burden translates the debt figures into what a borrower actually pays each month. Hawaii Institute of Hair Design.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Hawaii Institute of Hair Design is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.0% |
| Borrowers in the cohort | 60 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $4,901 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Hawaii Institute of Hair Design.
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.
Did You Know?
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.