by our College Data Analytics TeamHere you will find what students actually borrow to attend Paul Mitchell the School Milwaukee: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Paul Mitchell the School Milwaukee, 75% of new students use loans toward freshman-year expenses, at roughly $7,070 each, across private and federal loan sources.
The average federal loan is $7,070. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Among all degree-seeking undergrads at Paul Mitchell the School Milwaukee, 49% take out federal student loans, averaging $5,754 a year. This is 18.6% lower than the first-year federal average of $7,070.
Repeating that yearly amount projects to about $11,508 by year two and around $23,016 over a four-year span. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 49% |
| Average federal loan per year | $5,754 |
| Undergraduates with a federal loan | 81 |
| Total federal loans (one year) | $466,084 |
The median student at Paul Mitchell the School Milwaukee borrows $6,750 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,750 |
| Students who completed (graduates) | $10,486 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Paul Mitchell the School Milwaukee.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,300 |
| 25th percentile | $6,750 |
| 75th percentile | $17,083 |
| 90th percentile (highest-debt students) | $20,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Paul Mitchell the School Milwaukee.
Repayment burden translates the debt figures into what a borrower actually pays each month. Paul Mitchell the School Milwaukee.
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 Milwaukee follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.8% |
| Borrowers in the cohort | 38 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,096 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,222 |
| Continuing-generation students | $9,847 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,250 |
| Independent students | $4,750 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Paul Mitchell the School Milwaukee.
Subsidized vs. 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
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.