by our College Data Analytics TeamHere you will find what students actually borrow to attend Imagine-Paul Mitchell Partner School— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Imagine-Paul Mitchell Partner School, 89% of incoming students take out a loan to help cover first-year costs, for an average of $7,336 each — a figure that counts both private and federal student loans.
On the federal side, the average loan is $7,336. 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.
Across the full undergraduate body at Imagine-Paul Mitchell Partner School (freshmen included), 60% rely on federal student loans toward their education, with a mean of $7,507 per year. This is 2.3% higher than the first-year federal average of $7,336.
Borrowing at that rate every year works out to about $15,014 by year two and around $30,028 across a four-year program. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 60% |
| Average federal loan per year | $7,507 |
| Undergraduates with a federal loan | 367 |
| Total federal loans (one year) | $2,754,958 |
The median student at Imagine-Paul Mitchell Partner School borrows $9,833 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,833 |
| Students who completed (graduates) | $10,725 |
| Students who withdrew | $4,918 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Imagine-Paul Mitchell Partner School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,567 |
| 25th percentile | $6,256 |
| 75th percentile | $15,079 |
| 90th percentile (highest-debt students) | $16,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Imagine-Paul Mitchell Partner School.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Imagine-Paul Mitchell Partner School.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 83 | $7,624 |
| Completed (graduates) | 62 | $8,271 |
| Did not complete | 21 | $5,056 |
On a standard 10-year plan, the median completing borrower would pay about $98.35/mo.
Repayment burden translates the debt figures into what a borrower actually pays each month. Imagine-Paul Mitchell Partner School.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Imagine-Paul Mitchell Partner School follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.9% |
| Borrowers in the cohort | 139 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,833 |
| Middle income | $9,524 |
| High income | $9,833 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $9,833 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,512 |
| Independent students | $12,238 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Imagine-Paul Mitchell Partner School.
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.