by our College Data Analytics TeamHere you will find what students actually borrow to attend Paul Mitchell the School Tampa: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Paul Mitchell the School Tampa, 76% of first-year students take on loan debt, for an average of $7,690 per student, private and federal loans combined.
The typical federal loan comes to $7,690. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at Paul Mitchell the School Tampa, 52% rely on federal student loans toward their education, at an average of $6,425 in federal loans per year. This works out to 16.4% lower than the $7,690 typical freshmen borrow.
At a steady annual pace, that totals around $12,850 across two years and $25,700 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 52% |
| Average federal loan per year | $6,425 |
| Undergraduates with a federal loan | 100 |
| Total federal loans (one year) | $642,540 |
Graduating and withdrawing students at Paul Mitchell the School Tampa carry a median federal debt of $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $13,000 |
| Students who withdrew | $5,949 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Paul Mitchell the School Tampa.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,596 |
| 25th percentile | $5,500 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $16,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Paul Mitchell the School Tampa.
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 Tampa.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 265 | $7,900 |
| Completed (graduates) | 180 | $9,276 |
| Did not complete | 85 | $6,275 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $110.3/mo.
Federal data lets us separate Stafford borrowers from the rest at Paul Mitchell the School Tampa.
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 23 | $8,925 |
| No Stafford loan this year | 242 | $7,500 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Paul Mitchell the School Tampa.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Paul Mitchell the School Tampa follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.2% |
| Borrowers in the cohort | 957 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,584 |
| Independent students | $12,587 |
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
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.