by our College Data Analytics TeamHere you will find what students actually borrow to attend Oliver Finley Academy of Cosmetology, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Oliver Finley Academy of Cosmetology, 62% of freshmen borrow to help pay for their first year, at roughly $6,934 per student, private and federal loans combined.
The typical federal loan comes to $6,934. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Among all degree-seeking undergrads at Oliver Finley Academy of Cosmetology, 51% borrow through federal student loan programs, at an average of $7,174 annually. This is 3.5% more than the $6,934 typical freshmen borrow.
At a steady annual pace, that totals around $14,348 by year two and around $28,696 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 51% |
| Average federal loan per year | $7,174 |
| Undergraduates with a federal loan | 225 |
| Total federal loans (one year) | $1,614,243 |
The middle borrower at Oliver Finley Academy of Cosmetology owes $6,333 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $4,105 |
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 Oliver Finley Academy of Cosmetology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $3,666 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $16,845 |
How wide this percentile range is tells you how much borrowing varies across students at Oliver Finley Academy of Cosmetology.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Oliver Finley Academy of Cosmetology.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 33 | $7,317 |
The indicators below describe what the typical debt costs to pay back at Oliver Finley Academy of Cosmetology.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Oliver Finley Academy of Cosmetology appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.2% |
| Borrowers in the cohort | 80 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $6,333 |
| High income | $6,333 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,059 |
| Independent students | $6,333 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Oliver Finley Academy of Cosmetology.
Subsidized vs. 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.
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.