by our College Data Analytics TeamThis page focuses on the debt students take on to attend Phagans Central Oregon Beauty College— 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 Phagans Central Oregon Beauty College specifically, 70% of freshmen borrow to help pay for their first year, at roughly $5,699 per borrower, covering both private and federal loans.
Federal loans alone average $5,699. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
For undergraduates overall at Phagans Central Oregon Beauty College, 70% borrow through federal student loan programs, averaging $5,873 each per year. This works out to 3.1% above the $5,699 freshmen take on.
Carrying that yearly figure forward comes to roughly $11,746 over two years and about $23,492 by the fourth year. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 70% |
| Average federal loan per year | $5,873 |
| Undergraduates with a federal loan | 133 |
| Total federal loans (one year) | $781,169 |
The median student at Phagans Central Oregon Beauty College borrows $6,785 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,785 |
| Students who completed (graduates) | $7,435 |
| Students who withdrew | $2,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Phagans Central Oregon Beauty College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,375 |
| 25th percentile | $3,785 |
| 75th percentile | $11,030 |
| 90th percentile (highest-debt students) | $16,013 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Phagans Central Oregon Beauty College.
Repayment burden translates the debt figures into what a borrower actually pays each month. Phagans Central Oregon Beauty College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Phagans Central Oregon Beauty College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.8% |
| Borrowers in the cohort | 106 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,433 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,433 |
| Continuing-generation students | $5,277 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,011 |
| Independent students | $8,172 |
Federal data publishes the following gap measures for Phagans Central Oregon Beauty College.
The Difference Between 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.
Worth Knowing
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.