by our College Data Analytics TeamThis page focuses on the debt students take on to attend Paul Mitchell the School Farmington Hills— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
At Paul Mitchell the School Farmington Hills, 72% of first-year students take on loan debt, borrowing on average $9,474 per borrower, covering both private and federal loans.
Federal loans alone average $9,474. This is at or above the $5,500 first-year federal borrowing cap that applies to the 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.
Looking at all undergraduates at Paul Mitchell the School Farmington Hills, freshmen included, 57% finance part of their studies with federal loans, borrowing on average $7,898 a year. That is 16.6% smaller than the $9,474 borrowed by freshmen.
Carrying that yearly figure forward comes to roughly $15,796 over two years and about $31,592 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 57% |
| Average federal loan per year | $7,898 |
| Undergraduates with a federal loan | 80 |
| Total federal loans (one year) | $631,874 |
The middle borrower at Paul Mitchell the School Farmington Hills owes $9,833 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,833 |
| Students who completed (graduates) | $9,833 |
| 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.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Paul Mitchell the School Farmington Hills.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 31 | $10,776 |
The indicators below describe what the typical debt costs to pay back at Paul Mitchell the School Farmington Hills.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,833 |
| Middle income | $9,833 |
| High income | $9,833 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $9,833 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $13,369 |
Federal data publishes the following gap measures for Paul Mitchell the School Farmington Hills.
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.
Did You Know?
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.