by our College Data Analytics TeamHere you will find what students actually borrow to attend Northwest College School of Beauty - Eugene: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at NWC Eugene, 64% of incoming undergraduates borrow in year one, with a typical loan of $7,615 per student, private and federal loans combined.
The average federal loan is $7,615. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at NWC Eugene, 48% borrow through federal student loan programs, averaging $7,299 annually. This is 4.1% less than the $7,615 freshmen take on.
Borrowing at that rate every year works out to about $14,598 across two years and $29,196 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 48% |
| Average federal loan per year | $7,299 |
| Undergraduates with a federal loan | 158 |
| Total federal loans (one year) | $1,153,169 |
The median student at NWC Eugene borrows $6,333 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $7,564 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for NWC Eugene.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $5,971 |
| 75th percentile | $17,441 |
| 90th percentile (highest-debt students) | $26,945 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at NWC Eugene.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at NWC Eugene.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 37 | $6,477 |
The indicators below describe what the typical debt costs to pay back at NWC Eugene.
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 NWC Eugene is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 13.1% |
| Borrowers in the cohort | 267 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $7,983 |
| High income | $6,333 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at NWC Eugene.
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
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.