by our College Data Analytics TeamHere you will find what students actually borrow to attend Twin City Beauty College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Twin City Beauty College, 48% of incoming undergraduates borrow in year one, borrowing on average $6,584 each — a figure that counts both private and federal student loans.
Federal loans alone average $6,584. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Among all degree-seeking undergrads at Twin City Beauty College, 48% take out federal student loans, averaging $6,293 each per year. That is 4.4% below the freshman federal average of $6,584.
Carrying that yearly figure forward comes to roughly $12,586 across two years and $25,172 over four years. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 48% |
| Average federal loan per year | $6,293 |
| Undergraduates with a federal loan | 140 |
| Total federal loans (one year) | $880,971 |
The middle borrower at Twin City Beauty College owes $5,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $9,320 |
| 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Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Twin City Beauty College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,735 |
| 25th percentile | $4,750 |
| 75th percentile | $10,338 |
| 90th percentile (highest-debt students) | $13,833 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Twin City Beauty College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Twin City Beauty College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 87 | $7,300 |
| Completed (graduates) | 53 | $7,305 |
| Did not complete | 34 | $7,050 |
On a standard 10-year plan, the median completing borrower would pay about $86.86/mo.
The indicators below describe what the typical debt costs to pay back at Twin City Beauty College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Twin City Beauty College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.7% |
| Borrowers in the cohort | 173 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Twin City Beauty College.
Subsidized vs. Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Important to Remember
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.