by our College Data Analytics TeamThis page focuses on the debt students take on to attend Robert Fiance Beauty Schools-West New York— 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 Robert Fiance Beauty Schools-West New York, 76% of freshmen borrow to help pay for their first year, for an average of $6,866 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $6,866. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Across the full undergraduate body at Robert Fiance Beauty Schools-West New York (freshmen included), 46% use federal student loans to help pay for their education, averaging $6,272 each per year. It comes to 8.7% under the $6,866 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $12,544 by year two and around $25,088 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 46% |
| Average federal loan per year | $6,272 |
| Undergraduates with a federal loan | 197 |
| Total federal loans (one year) | $1,235,557 |
The middle borrower at Robert Fiance Beauty Schools-West New York owes $6,333 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,701 |
| 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Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Robert Fiance Beauty Schools-West New York.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,113 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $10,736 |
How wide this percentile range is tells you how much borrowing varies across students at Robert Fiance Beauty Schools-West New York.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Robert Fiance Beauty Schools-West New York.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 39 | $5,260 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Robert Fiance Beauty Schools-West New York.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Robert Fiance Beauty Schools-West New York follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.4% |
| Borrowers in the cohort | 138 |
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 | $6,333 |
| Middle income | $6,333 |
| High income | $3,666 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,701 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Robert Fiance Beauty Schools-West New York.
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.
Worth Knowing
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.