by our College Data Analytics TeamHere you will find what students actually borrow to attend Vogue College of Cosmetology-Santa Fe— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
At Vogue College of Cosmetology-Santa Fe, 94% of first-year students take on loan debt, with a typical loan of $10,322 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $10,035. That sits at or beyond the $5,500 first-year federal limit 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.
Counting every undergraduate at Vogue College of Cosmetology-Santa Fe, 46% use federal student loans to help pay for their education, for a typical $8,701 per year. That amounts to 13.3% smaller than the $10,035 freshmen take on.
Repeating that yearly amount projects to about $17,402 by year two and around $34,804 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 46% |
| Average federal loan per year | $8,701 |
| Undergraduates with a federal loan | 40 |
| Total federal loans (one year) | $348,042 |
The middle borrower at Vogue College of Cosmetology-Santa Fe owes $6,333 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Vogue College of Cosmetology-Santa Fe.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $6,333 |
| 75th percentile | $16,601 |
| 90th percentile (highest-debt students) | $17,667 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Vogue College of Cosmetology-Santa Fe.
Repayment burden translates the debt figures into what a borrower actually pays each month. Vogue College of Cosmetology-Santa Fe.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
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.
Did You Know?
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.