by our College Data Analytics TeamHere you will find what students actually borrow to attend Paul Mitchell the School-Murfreesboro-Nashville— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
At Paul Mitchell the School-Murfreesboro-Nashville specifically, 54% of incoming students take out a loan to help cover first-year costs, for an average of $6,930 per student, private and federal loans combined.
The average federally funded loan is $6,930. That is at or past the $5,500 federal first-year limit for 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.
Among all degree-seeking undergrads at Paul Mitchell the School-Murfreesboro-Nashville, 48% finance part of their studies with federal loans, at an average of $6,975 each per year. That amounts to 0.6% greater than the freshman federal average of $6,930.
Borrowing the same amount each year would add up to roughly $13,950 over two years and about $27,900 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 48% |
| Average federal loan per year | $6,975 |
| Undergraduates with a federal loan | 195 |
| Total federal loans (one year) | $1,360,136 |
The median student at Paul Mitchell the School-Murfreesboro-Nashville borrows $7,917 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,917 |
| Students who completed (graduates) | $7,917 |
| 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-Murfreesboro-Nashville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $16,298 |
| 90th percentile (highest-debt students) | $16,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Paul Mitchell the School-Murfreesboro-Nashville.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Paul Mitchell the School-Murfreesboro-Nashville.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 81 | $9,282 |
These figures turn the debt totals into a monthly repayment picture for Paul Mitchell the School-Murfreesboro-Nashville.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Paul Mitchell the School-Murfreesboro-Nashville follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.4% |
| Borrowers in the cohort | 254 |
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 | $7,917 |
| Middle income | $7,917 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,917 |
| Continuing-generation students | $7,917 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,917 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Paul Mitchell the School-Murfreesboro-Nashville.
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.
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.