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Taylor Andrews Academy of Hair Design-West Jordan Student Debt & Borrowing

$9,500 Typical Student Debt
$111.91/mo Est. Monthly Payment
Very Low (<$10k) Debt Burden Category

This page focuses on the debt students take on to attend Taylor Andrews Academy of Hair Design-West Jordan, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.

What Incoming Students Borrow at Taylor Andrews Academy of Hair Design-West Jordan

At Taylor Andrews Academy - West Jordan, 72% of incoming students take out a loan to help cover first-year costs, borrowing on average $5,683 each — a figure that counts both private and federal student loans.

The average federal loan is $5,683. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.

Average Undergraduate Loans at Taylor Andrews Academy of Hair Design-West Jordan

Among all degree-seeking undergrads at Taylor Andrews Academy - West Jordan, 54% use federal student loans to help pay for their education, at an average of $6,325 annually. This is 11.3% more than the first-year federal average of $5,683.

Borrowing the same amount each year would add up to roughly $12,650 in two years and roughly $25,300 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.

Undergraduate federal borrowingValue
Share using federal loans54%
Average federal loan per year$6,325
Undergraduates with a federal loan127
Total federal loans (one year)$803,285

How Much Students Borrow at Taylor Andrews Academy of Hair Design-West Jordan

Graduating and withdrawing students at Taylor Andrews Academy - West Jordan carry a median federal debt of $9,500 in federal student loans.

Borrower groupMedian federal debt
All federal borrowers$9,500
Students who completed (graduates)$10,556
Students who withdrew$4,750

Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.

Debt Spread by Percentile

Half of all borrowers fall between the 25th and 75th percentiles shown below for Taylor Andrews Academy - West Jordan.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,990
25th percentile$5,585
75th percentile$13,667
90th percentile (highest-debt students)$17,667

The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Taylor Andrews Academy - West Jordan.

Estimated Repayment for Taylor Andrews Academy of Hair Design-West Jordan

Repayment burden translates the debt figures into what a borrower actually pays each month. Taylor Andrews Academy - West Jordan.

How Often Borrowers Default at Taylor Andrews Academy of Hair Design-West Jordan

The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Taylor Andrews Academy - West Jordan is shown below.

MetricValue
2-year cohort default rate0%
Borrowers in the cohort1

This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.

Who Borrows the Most at Taylor Andrews Academy of Hair Design-West Jordan

Median debt differs by income tier, first-generation status, and whether the student is financially dependent.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$8,536
Middle income$10,302
High income$10,556

First-Generation Comparison

CohortMedian federal debt
First-generation students$9,500
Continuing-generation students$8,701

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$8,028
Independent students$10,550

Borrowing Gaps Between Student Groups at Taylor Andrews Academy of Hair Design-West Jordan

These pre-calculated indicators summarize the borrowing gaps between cohorts at Taylor Andrews Academy - West Jordan.

Understanding Student Loans

The Difference Between 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.

Important to Remember

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.

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