by our College Data Analytics TeamHere you will find what students actually borrow to attend Salon Success Academy - Upland, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Salon Success Academy - Upland specifically, 63% of freshmen borrow to help pay for their first year, averaging $6,536 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $6,536. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at Salon Success Academy - Upland, 58% take out federal student loans, averaging $5,512 per year. This is 15.7% less than the $6,536 borrowed by freshmen.
Carrying that yearly figure forward comes to roughly $11,024 across two years and $22,048 across a four-year program. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 58% |
| Average federal loan per year | $5,512 |
| Undergraduates with a federal loan | 249 |
| Total federal loans (one year) | $1,372,556 |
The median student at Salon Success Academy - Upland borrows $7,116 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,116 |
| Students who completed (graduates) | $7,177 |
| Students who withdrew | $3,588 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Salon Success Academy - Upland.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,616 |
| 25th percentile | $4,115 |
| 75th percentile | $10,686 |
| 90th percentile (highest-debt students) | $15,518 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Salon Success Academy - Upland.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Salon Success Academy - Upland.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 55 | $5,389 |
These figures turn the debt totals into a monthly repayment picture for Salon Success Academy - Upland.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Salon Success Academy - Upland follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.2% |
| Borrowers in the cohort | 122 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,013 |
| Middle income | $7,177 |
| High income | $7,177 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,116 |
| Continuing-generation students | $7,066 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,155 |
| Independent students | $7,141 |
Federal data publishes the following gap measures for Salon Success Academy - Upland.
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.
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.