by our College Data Analytics TeamThis page focuses on the debt students take on to attend The Salon Professional Academy - Kenosha: 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.
At TSPA - Kenosha specifically, 97% of new students use loans toward freshman-year expenses, averaging $7,589 each, across private and federal loan sources.
On the federal side, the average loan is $7,589. 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.
Counting every undergraduate at TSPA - Kenosha, 66% use federal student loans to help pay for their education, with a mean of $8,506 annually. That amounts to 12.1% more than the $7,589 freshmen take on.
Borrowing at that rate every year works out to about $17,012 in two years and roughly $34,024 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 66% |
| Average federal loan per year | $8,506 |
| Undergraduates with a federal loan | 86 |
| Total federal loans (one year) | $731,546 |
The median student at TSPA - Kenosha borrows $6,333 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $4,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for TSPA - Kenosha.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,655 |
| 25th percentile | $6,333 |
| 75th percentile | $13,331 |
| 90th percentile (highest-debt students) | $17,362 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at TSPA - Kenosha.
These figures turn the debt totals into a monthly repayment picture for TSPA - Kenosha.
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 TSPA - Kenosha is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 7 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,090 |
| Independent students | $6,333 |
Subsidized vs. 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
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.