by our College Data Analytics TeamBelow is federal data on the loans students use to pay for House of Heavilin Beauty College-Blue Springs: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at House of Heavilin Beauty College-Blue Springs, 77% of new students use loans toward freshman-year expenses, at roughly $7,197 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $7,138. 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.
Across the full undergraduate body at House of Heavilin Beauty College-Blue Springs (freshmen included), 43% use federal student loans to help pay for their education, with a mean of $7,271 each per year. It comes to 1.9% higher than the $7,138 freshmen take on.
Borrowing at that rate every year works out to about $14,542 by year two and around $29,084 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 43% |
| Average federal loan per year | $7,271 |
| Undergraduates with a federal loan | 87 |
| Total federal loans (one year) | $632,603 |
The median student at House of Heavilin Beauty College-Blue Springs borrows $7,463 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,463 |
| Students who completed (graduates) | $7,917 |
| Students who withdrew | $3,958 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at House of Heavilin Beauty College-Blue Springs.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,583 |
| 75th percentile | $9,833 |
| 90th percentile (highest-debt students) | $13,500 |
How wide this percentile range is tells you how much borrowing varies across students at House of Heavilin Beauty College-Blue Springs.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for House of Heavilin Beauty College-Blue Springs.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 36 | $5,835 |
The indicators below describe what the typical debt costs to pay back at House of Heavilin Beauty College-Blue Springs.
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 House of Heavilin Beauty College-Blue Springs follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.6% |
| Borrowers in the cohort | 92 |
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 | $7,301 |
| Middle income | $7,887 |
| High income | $6,659 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,887 |
| Continuing-generation students | $6,453 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,584 |
| Independent students | $7,917 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at House of Heavilin Beauty College-Blue Springs.
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.
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.