by our College Data Analytics TeamBelow is federal data on the loans students use to pay for VH Barber & Styling Academy, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At VH Barber & Styling Academy, 100% of incoming students take out a loan to help cover first-year costs, borrowing on average $6,500 each, across private and federal loan sources.
On the federal side, the average loan is $6,500. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Across the full undergraduate body at VH Barber & Styling Academy (freshmen included), 56% finance part of their studies with federal loans, averaging $7,290 in federal loans per year. This works out to 12.2% higher than the $6,500 freshmen take on.
Borrowing at that rate every year works out to about $14,580 in two years and roughly $29,160 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 56% |
| Average federal loan per year | $7,290 |
| Undergraduates with a federal loan | 19 |
| Total federal loans (one year) | $138,519 |
Graduating and withdrawing students at VH Barber & Styling Academy carry a median federal debt of $9,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $14,250 |
| Students who withdrew | $5,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The indicators below describe what the typical debt costs to pay back at VH Barber & Styling Academy.
Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
Did You Know?
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.