by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Tricoci University of Beauty Culture-Janesville— 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.
For incoming students at Tricoci JAN, 88% of incoming students take out a loan to help cover first-year costs, borrowing on average $6,051 per borrower, covering both private and federal loans.
The average federally funded loan is $5,837. That sits at or beyond the $5,500 first-year federal limit 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.
For undergraduates overall at Tricoci JAN, 63% finance part of their studies with federal loans, borrowing on average $6,542 in federal loans per year. That amounts to 12.1% higher than the freshman federal average of $5,837.
Carrying that yearly figure forward comes to roughly $13,084 after two years and $26,168 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 63% |
| Average federal loan per year | $6,542 |
| Undergraduates with a federal loan | 106 |
| Total federal loans (one year) | $693,422 |
Graduating and withdrawing students at Tricoci JAN carry a median federal debt of $8,175 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,175 |
| Students who completed (graduates) | $9,333 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Tricoci JAN.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,804 |
| 75th percentile | $12,000 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Tricoci JAN.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Tricoci JAN appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.7% |
| Borrowers in the cohort | 29 |
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 | $8,236 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,187 |
| Independent students | $8,771 |
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.