by our College Data Analytics TeamHere you will find what students actually borrow to attend Lehigh Valley Barber School, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Lehigh Valley Barber School, 100% of incoming students take out a loan to help cover first-year costs, with a typical loan of $6,583 each, across private and federal loan sources.
On the federal side, the average loan is $6,583. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at Lehigh Valley Barber School, 98% borrow through federal student loan programs, borrowing on average $9,730 per year. It comes to 47.8% larger than the first-year federal average of $6,583.
Repeating that yearly amount projects to about $19,460 over two years and about $38,920 across a four-year program. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 98% |
| Average federal loan per year | $9,730 |
| Undergraduates with a federal loan | 93 |
| Total federal loans (one year) | $904,870 |
The median student at Lehigh Valley Barber School borrows $9,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $11,979 |
The indicators below describe what the typical debt costs to pay back at Lehigh Valley Barber School.
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.
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.