by our College Data Analytics TeamHere you will find what students actually borrow to attend International Beauty Education Center— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
For incoming students at International Beauty Education Center, 79% of incoming undergraduates borrow in year one, borrowing on average $6,643 each, across private and federal loan sources.
The average federal loan is $6,643. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at International Beauty Education Center, 79% rely on federal student loans toward their education, with a mean of $6,574 annually. This is 1.0% smaller than the $6,643 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $13,148 by year two and around $26,296 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 79% |
| Average federal loan per year | $6,574 |
| Undergraduates with a federal loan | 172 |
| Total federal loans (one year) | $1,130,648 |
Graduating and withdrawing students at International Beauty Education Center carry a median federal debt of $6,333 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $7,746 |
| Students who withdrew | $3,958 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The indicators below describe what the typical debt costs to pay back at International Beauty Education Center.
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 | $6,333 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,584 |
| Independent students | $7,917 |
Federal data publishes the following gap measures for International Beauty Education Center.
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.
Worth Knowing
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.