by our College Data Analytics TeamThis page focuses on the debt students take on to attend Paul Mitchell the School Jessup, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Paul Mitchell the School Jessup, 95% of freshmen borrow to help pay for their first year, averaging $5,745 per student, private and federal loans combined.
The average federally funded loan is $5,745. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Across the full undergraduate body at Paul Mitchell the School Jessup (freshmen included), 65% borrow through federal student loan programs, at an average of $5,245 annually. This is 8.7% less than the first-year federal average of $5,745.
Borrowing at that rate every year works out to about $10,490 in two years and roughly $20,980 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 | 65% |
| Average federal loan per year | $5,245 |
| Undergraduates with a federal loan | 115 |
| Total federal loans (one year) | $603,211 |
The middle borrower at Paul Mitchell the School Jessup owes $6,333 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $9,500 |
| 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 Paul Mitchell the School Jessup.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $5,500 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $15,892 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Paul Mitchell the School Jessup.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Paul Mitchell the School Jessup.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 40 | $7,994 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Paul Mitchell the School Jessup.
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 Paul Mitchell the School Jessup follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.0% |
| Borrowers in the cohort | 80 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $9,472 |
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 | $6,333 |
| Independent students | $6,333 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Paul Mitchell the School Jessup.
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.
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.