by our College Data Analytics TeamThis page focuses on the debt students take on to attend Taylor Andrews Academy of Hair Design-Provo: 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.
Among first-year students at Taylor Andrews Academy - Provo, 64% of incoming students take out a loan to help cover first-year costs, borrowing on average $6,088 each — a figure that counts both private and federal student loans.
Federal loans alone average $6,088. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at Taylor Andrews Academy - Provo, 59% finance part of their studies with federal loans, with a mean of $4,577 a year. It comes to 24.8% smaller than the $6,088 freshmen take on.
Repeating that yearly amount projects to about $9,154 by year two and around $18,308 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 59% |
| Average federal loan per year | $4,577 |
| Undergraduates with a federal loan | 114 |
| Total federal loans (one year) | $521,799 |
Graduating and withdrawing students at Taylor Andrews Academy - Provo carry a median federal debt of $9,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $10,556 |
| Students who withdrew | $4,750 |
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 Taylor Andrews Academy - Provo.
| Percentile | Cumulative 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 - Provo.
These figures turn the debt totals into a monthly repayment picture for Taylor Andrews Academy - Provo.
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 Taylor Andrews Academy - Provo appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 1 |
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 | $8,536 |
| Middle income | $10,302 |
| High income | $10,556 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $8,701 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,028 |
| Independent students | $10,550 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Taylor Andrews Academy - Provo.
The Difference Between 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.
Worth Knowing
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.