by our College Data Analytics TeamThis page focuses on the debt students take on to attend PJ’s College of Cosmetology-Bowling Green, 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 PJ’s College of Cosmetology-Bowling Green, 89% of first-year students take on loan debt, at roughly $7,521 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $7,521. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at PJ’s College of Cosmetology-Bowling Green, 55% finance part of their studies with federal loans, averaging $7,245 per year. It comes to 3.7% under the $7,521 freshmen take on.
Carrying that yearly figure forward comes to roughly $14,490 in two years and roughly $28,980 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 55% |
| Average federal loan per year | $7,245 |
| Undergraduates with a federal loan | 244 |
| Total federal loans (one year) | $1,767,668 |
The middle borrower at PJ’s College of Cosmetology-Bowling Green owes $7,283 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,283 |
| Students who completed (graduates) | $7,917 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at PJ’s College of Cosmetology-Bowling Green.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $4,750 |
| 75th percentile | $11,068 |
| 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 PJ’s College of Cosmetology-Bowling Green.
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 PJ’s College of Cosmetology-Bowling Green.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 75 | $7,141 |
Repayment burden translates the debt figures into what a borrower actually pays each month. PJ’s College of Cosmetology-Bowling Green.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for PJ’s College of Cosmetology-Bowling Green appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.5% |
| Borrowers in the cohort | 349 |
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 | $7,917 |
| Middle income | $6,333 |
| High income | $4,584 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,283 |
| Continuing-generation students | $7,917 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,917 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at PJ’s College of Cosmetology-Bowling Green.
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
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.