by our College Data Analytics TeamHere you will find what students actually borrow to attend University Academy of Hair Design, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Among first-year students at University Academy of Hair Design, 46% of freshmen borrow to help pay for their first year, borrowing on average $9,055 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $9,055. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Looking at all undergraduates at University Academy of Hair Design, freshmen included, 47% finance part of their studies with federal loans, with a mean of $6,833 annually. This works out to 24.5% lower than the first-year federal average of $9,055.
Repeating that yearly amount projects to about $13,666 over two years and about $27,332 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 47% |
| Average federal loan per year | $6,833 |
| Undergraduates with a federal loan | 27 |
| Total federal loans (one year) | $184,499 |
Graduating and withdrawing students at University Academy of Hair Design carry a median federal debt of $9,833 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,833 |
| Students who completed (graduates) | $9,833 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at University Academy of Hair Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
These figures turn the debt totals into a monthly repayment picture for University Academy of Hair Design.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,417 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $14,246 |
The Difference Between Subsidized and 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.