by our College Data Analytics TeamHere you will find what students actually borrow to attend Josef’s School of Hair, Skin & Body-Fargo— 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.
Looking at the entering class at Josef’s School of Hair, Skin & Body, 92% of new students use loans toward freshman-year expenses, averaging $6,661 each — a figure that counts both private and federal student loans.
The average federally funded loan is $6,158. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Looking at all undergraduates at Josef’s School of Hair, Skin & Body, freshmen included, 53% finance part of their studies with federal loans, at an average of $6,686 a year. This works out to 8.6% more than the $6,158 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $13,372 across two years and $26,744 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 | 53% |
| Average federal loan per year | $6,686 |
| Undergraduates with a federal loan | 71 |
| Total federal loans (one year) | $474,698 |
The middle borrower at Josef’s School of Hair, Skin & Body owes $6,337 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,337 |
| Students who completed (graduates) | $7,917 |
| Students who withdrew | $3,755 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Josef’s School of Hair, Skin & Body.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,169 |
| 25th percentile | $4,750 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $20,000 |
How wide this percentile range is tells you how much borrowing varies across students at Josef’s School of Hair, Skin & Body.
The indicators below describe what the typical debt costs to pay back at Josef’s School of Hair, Skin & Body.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Josef’s School of Hair, Skin & Body follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.6% |
| Borrowers in the cohort | 89 |
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 | $6,367 |
| Middle income | $6,335 |
| High income | $5,931 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,337 |
| Continuing-generation students | $8,419 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,221 |
| Independent students | $6,577 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Josef’s School of Hair, Skin & Body.
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.
Important to Remember
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.