by our College Data Analytics TeamBelow is federal data on the loans students use to pay for The Salon Professional Academy - Onalaska: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Among first-year students at TSPA - Onalaska, 81% of incoming students take out a loan to help cover first-year costs, at roughly $5,690 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $5,690. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. 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 TSPA - Onalaska, 49% rely on federal student loans toward their education, averaging $8,134 each per year. It comes to 43.0% above the freshman federal average of $5,690.
Repeating that yearly amount projects to about $16,268 across two years and $32,536 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 49% |
| Average federal loan per year | $8,134 |
| Undergraduates with a federal loan | 57 |
| Total federal loans (one year) | $463,662 |
Graduating and withdrawing students at TSPA - Onalaska carry a median federal debt of $7,917 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,917 |
| Students who completed (graduates) | $8,374 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at TSPA - Onalaska.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $6,333 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $20,000 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at TSPA - Onalaska.
Repayment burden translates the debt figures into what a borrower actually pays each month. TSPA - Onalaska.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for TSPA - Onalaska follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.0% |
| Borrowers in the cohort | 57 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,165 |
| Middle income | $6,333 |
| High income | $7,862 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,334 |
| Continuing-generation students | $6,333 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,750 |
| Independent students | $7,917 |
Federal data publishes the following gap measures for TSPA - Onalaska.
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?
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.