by our College Data Analytics TeamHere you will find what students actually borrow to attend Lyle’s College of Beauty— 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.
At Lyle’s College of Beauty specifically, 33% of incoming undergraduates borrow in year one, with a typical loan of $5,500 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $5,500, equal to roughly 100.0% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Across the full undergraduate body at Lyle’s College of Beauty (freshmen included), 36% finance part of their studies with federal loans, averaging $6,716 each per year. This works out to 22.1% more than the freshman federal average of $5,500.
Carrying that yearly figure forward comes to roughly $13,432 across two years and $26,864 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 | 36% |
| Average federal loan per year | $6,716 |
| Undergraduates with a federal loan | 55 |
| Total federal loans (one year) | $369,360 |
The middle borrower at Lyle’s College of Beauty owes $6,333 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $3,166 |
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 Lyle’s College of Beauty.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $11,583 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Lyle’s College of Beauty.
These figures turn the debt totals into a monthly repayment picture for Lyle’s College of Beauty.
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 Lyle’s College of Beauty appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 0 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,583 |
| Independent students | $6,333 |
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.
Worth Knowing
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.