by our College Data Analytics TeamHere you will find what students actually borrow to attend Tricoci University of Beauty Culture-Indianapolis— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Tricoci INE, 89% of incoming undergraduates borrow in year one, averaging $8,277 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $7,394. 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.
Among all degree-seeking undergrads at Tricoci INE, 61% take out federal student loans, at an average of $6,248 in federal loans per year. This is 15.5% lower than the $7,394 freshmen take on.
Repeating that yearly amount projects to about $12,496 over two years and about $24,992 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 | 61% |
| Average federal loan per year | $6,248 |
| Undergraduates with a federal loan | 387 |
| Total federal loans (one year) | $2,417,929 |
Graduating and withdrawing students at Tricoci INE carry a median federal debt of $6,333 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $7,307 |
| Students who withdrew | $3,653 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Tricoci INE.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,664 |
| 25th percentile | $3,750 |
| 75th percentile | $7,307 |
| 90th percentile (highest-debt students) | $12,427 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Tricoci INE.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Tricoci INE.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 111 | $7,151 |
| Completed (graduates) | 80 | $8,828 |
| Did not complete | 31 | $4,167 |
On a standard 10-year plan, the median completing borrower would pay about $104.97/mo.
The indicators below describe what the typical debt costs to pay back at Tricoci INE.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Tricoci INE appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.4% |
| Borrowers in the cohort | 95 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $7,257 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,317 |
| Independent students | $6,333 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Tricoci INE.
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.
Worth Knowing
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.