by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Xtylo Beauty College, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Xtylo Beauty College, 5% of freshmen borrow to help pay for their first year, averaging $830 each, across private and federal loan sources.
The average federal loan is $830, amounting to 15.1% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Looking at all undergraduates at Xtylo Beauty College, freshmen included, 8% finance part of their studies with federal loans, at an average of $2,002 each per year. It comes to 141.2% higher than the first-year federal average of $830.
Borrowing at that rate every year works out to about $4,004 in two years and roughly $8,008 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 8% |
| Average federal loan per year | $2,002 |
| Undergraduates with a federal loan | 5 |
| Total federal loans (one year) | $10,012 |
The middle borrower at Xtylo Beauty College owes $3,350 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,350 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Xtylo Beauty College.
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.
Important to Remember
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.