by our College Data Analytics TeamThis page focuses on the debt students take on to attend Skinworks School of Advanced Skincare: 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.
For incoming students at Skinworks School & Spa of Advanced Skincare, 74% of freshmen borrow to help pay for their first year, borrowing on average $6,597 each, across private and federal loan sources.
The average federally funded loan is $6,597. 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.
Among all degree-seeking undergrads at Skinworks School & Spa of Advanced Skincare, 54% borrow through federal student loan programs, for a typical $6,252 in federal loans per year. That is 5.2% smaller than the $6,597 typical freshmen borrow.
Carrying that yearly figure forward comes to roughly $12,504 after two years and $25,008 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 | 54% |
| Average federal loan per year | $6,252 |
| Undergraduates with a federal loan | 112 |
| Total federal loans (one year) | $700,171 |
Graduating and withdrawing students at Skinworks School & Spa of Advanced Skincare carry a median federal debt of $6,333 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $3,623 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Skinworks School & Spa of Advanced Skincare.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,879 |
| 75th percentile | $12,608 |
The indicators below describe what the typical debt costs to pay back at Skinworks School & Spa of Advanced Skincare.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Skinworks School & Spa of Advanced Skincare appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.9% |
| Borrowers in the cohort | 43 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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 | $6,037 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
Federal data publishes the following gap measures for Skinworks School & Spa of Advanced Skincare.
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
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.