by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Paul Mitchell the School Tulsa, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Paul Mitchell the School Tulsa, 85% of incoming undergraduates borrow in year one, for an average of $6,986 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $6,986. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Across the full undergraduate body at Paul Mitchell the School Tulsa (freshmen included), 51% use federal student loans to help pay for their education, averaging $7,019 in federal loans per year. That amounts to 0.5% greater than the first-year federal average of $6,986.
Carrying that yearly figure forward comes to roughly $14,038 by year two and around $28,076 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 | 51% |
| Average federal loan per year | $7,019 |
| Undergraduates with a federal loan | 194 |
| Total federal loans (one year) | $1,361,662 |
Graduating and withdrawing students at Paul Mitchell the School Tulsa carry a median federal debt of $9,822 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,822 |
| Students who completed (graduates) | $10,150 |
| Students who withdrew | $3,300 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Paul Mitchell the School Tulsa.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,209 |
| 25th percentile | $4,900 |
| 75th percentile | $10,384 |
| 90th percentile (highest-debt students) | $13,833 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Paul Mitchell the School Tulsa.
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 Tulsa.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 26 | $7,270 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Paul Mitchell the School Tulsa.
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 | $8,500 |
| Middle income | $9,833 |
| High income | $9,833 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,833 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,822 |
| Independent students | $9,825 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Paul Mitchell the School Tulsa.
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
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.