by our College Data Analytics TeamHere you will find what students actually borrow to attend Paul Mitchell the School Salt Lake City, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
At Paul Mitchell the School Salt Lake City, 55% of freshmen borrow to help pay for their first year, with a typical loan of $7,245 each, across private and federal loan sources.
On the federal side, the average loan is $7,245. 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 Salt Lake City, freshmen included, 39% borrow through federal student loan programs, with a mean of $6,174 each per year. It comes to 14.8% under the first-year federal average of $7,245.
At a steady annual pace, that totals around $12,348 after two years and $24,696 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 39% |
| Average federal loan per year | $6,174 |
| Undergraduates with a federal loan | 153 |
| Total federal loans (one year) | $944,560 |
The middle borrower at Paul Mitchell the School Salt Lake City owes $7,666 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,666 |
| 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.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Paul Mitchell the School Salt Lake City.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,814 |
| 25th percentile | $5,500 |
| 75th percentile | $13,583 |
| 90th percentile (highest-debt students) | $17,666 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Paul Mitchell the School Salt Lake City.
Repayment burden translates the debt figures into what a borrower actually pays each month. Paul Mitchell the School Salt Lake City.
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 Salt Lake City follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.4% |
| Borrowers in the cohort | 250 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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 | $8,139 |
| Middle income | $8,176 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,500 |
| Continuing-generation students | $8,426 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Paul Mitchell the School Salt Lake City.
Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Important to Remember
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.