by our College Data Analytics TeamThis page focuses on the debt students take on to attend Rogers Academy of Hair Design: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
At Rogers Academy of Hair Design, 63% of incoming students take out a loan to help cover first-year costs, for an average of $8,889 per borrower, covering both private and federal loans.
The average federally funded loan is $8,889. That sits at or beyond the $5,500 first-year federal limit 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.
For undergraduates overall at Rogers Academy of Hair Design, 56% use federal student loans to help pay for their education, with a mean of $8,099 a year. That is 8.9% less than the $8,889 freshmen take on.
Repeating that yearly amount projects to about $16,198 over two years and about $32,396 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 56% |
| Average federal loan per year | $8,099 |
| Undergraduates with a federal loan | 77 |
| Total federal loans (one year) | $623,659 |
The median student at Rogers Academy of Hair Design borrows $9,833 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,833 |
| Students who completed (graduates) | $12,652 |
| Students who withdrew | $4,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Rogers Academy of Hair Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,259 |
| 25th percentile | $3,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $14,600 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Rogers Academy of Hair Design.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Rogers Academy of Hair Design.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 22 | $5,806 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Rogers Academy of Hair Design.
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 Rogers Academy of Hair Design follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.1% |
| Borrowers in the cohort | 70 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,833 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,966 |
| Independent students | $15,823 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Rogers Academy of Hair Design.
Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Did You Know?
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.