by our College Data Analytics TeamHere you will find what students actually borrow to attend Stylemaster College of Hair Design, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Stylemaster College of Hair Design specifically, 85% of incoming undergraduates borrow in year one, for an average of $4,267 per borrower, covering both private and federal loans.
The typical federal loan comes to $4,267, representing 77.6% of the typical first-year dependent student borrowing cap of $5,500. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Among all degree-seeking undergrads at Stylemaster College of Hair Design, 58% use federal student loans to help pay for their education, at an average of $5,805 per year. That is 36.0% greater than the $4,267 typical freshmen borrow.
Borrowing at that rate every year works out to about $11,610 by year two and around $23,220 over four years. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 58% |
| Average federal loan per year | $5,805 |
| Undergraduates with a federal loan | 52 |
| Total federal loans (one year) | $301,854 |
Graduating and withdrawing students at Stylemaster College of Hair Design carry a median federal debt of $7,460 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,460 |
| Students who completed (graduates) | $8,953 |
| Students who withdrew | $5,500 |
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 Stylemaster College of Hair Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,922 |
| 25th percentile | $4,750 |
| 75th percentile | $14,703 |
| 90th percentile (highest-debt students) | $16,496 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Stylemaster College of Hair Design.
These figures turn the debt totals into a monthly repayment picture for Stylemaster College 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. The federal two-year cohort default rate for Stylemaster College of Hair Design follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.7% |
| Borrowers in the cohort | 62 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Subsidized and 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?
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.