by our College Data Analytics TeamThis page focuses on the debt students take on to attend Ravenscroft Beauty College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
At Ravenscroft Beauty College, 80% of incoming undergraduates borrow in year one, with a typical loan of $6,558 each — a figure that counts both private and federal student loans.
Federal loans alone average $6,558. This is at or above the $5,500 first-year federal borrowing cap that applies to 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.
Across the full undergraduate body at Ravenscroft Beauty College (freshmen included), 56% rely on federal student loans toward their education, borrowing on average $6,743 annually. It comes to 2.8% higher than the $6,558 freshmen take on.
Borrowing the same amount each year would add up to roughly $13,486 across two years and $26,972 across a four-year program. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 56% |
| Average federal loan per year | $6,743 |
| Undergraduates with a federal loan | 105 |
| Total federal loans (one year) | $707,970 |
The middle borrower at Ravenscroft Beauty College owes $6,333 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $7,389 |
| Students who withdrew | $3,695 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Ravenscroft Beauty College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,750 |
| 75th percentile | $11,083 |
| 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 Ravenscroft Beauty College.
The indicators below describe what the typical debt costs to pay back at Ravenscroft Beauty College.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Ravenscroft Beauty College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0.6% |
| Borrowers in the cohort | 154 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $6,333 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $7,389 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,750 |
| Independent students | $6,333 |
Federal data publishes the following gap measures for Ravenscroft Beauty College.
Subsidized vs. 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.