by our College Data Analytics TeamHere you will find what students actually borrow to attend Minnesota School of Cosmetology-Woodbury Campus, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Minnesota School of Cosmetology-Woodbury Campus specifically, 60% of incoming undergraduates borrow in year one, borrowing on average $6,636 per student, private and federal loans combined.
The average federally funded loan is $5,034, representing 91.5% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Across the full undergraduate body at Minnesota School of Cosmetology-Woodbury Campus (freshmen included), 55% take out federal student loans, at an average of $4,989 in federal loans per year. This works out to 0.9% smaller than the $5,034 freshmen take on.
Repeating that yearly amount projects to about $9,978 by year two and around $19,956 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 55% |
| Average federal loan per year | $4,989 |
| Undergraduates with a federal loan | 60 |
| Total federal loans (one year) | $299,365 |
The middle borrower at Minnesota School of Cosmetology-Woodbury Campus 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 | $4,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Minnesota School of Cosmetology-Woodbury Campus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,976 |
| 75th percentile | $14,194 |
| 90th percentile (highest-debt students) | $17,083 |
How wide this percentile range is tells you how much borrowing varies across students at Minnesota School of Cosmetology-Woodbury Campus.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Minnesota School of Cosmetology-Woodbury Campus.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 41 | $7,360 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Minnesota School of Cosmetology-Woodbury Campus.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Minnesota School of Cosmetology-Woodbury Campus follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.5% |
| Borrowers in the cohort | 164 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $6,333 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
Federal data publishes the following gap measures for Minnesota School of Cosmetology-Woodbury Campus.
The Difference Between Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Worth Knowing
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.