by our College Data Analytics TeamBelow is federal data on the loans students use to pay for American Beauty Academy— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
Among first-year students at American Beauty Academy, 38% of first-year students take on loan debt, averaging $5,558 each — a figure that counts both private and federal student loans.
On the federal side, the average loan is $5,558. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at American Beauty Academy, 38% use federal student loans to help pay for their education, borrowing on average $5,558 each per year.
Repeating that yearly amount projects to about $11,116 across two years and $22,232 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 38% |
| Average federal loan per year | $5,558 |
| Undergraduates with a federal loan | 6 |
| Total federal loans (one year) | $33,345 |
The middle borrower at American Beauty Academy owes $5,651 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,651 |
| Students who completed (graduates) | $10,060 |
| 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 American Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,134 |
| 75th percentile | $9,952 |
The indicators below describe what the typical debt costs to pay back at American Beauty Academy.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for American Beauty Academy is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 9 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,360 |
| Independent students | $6,441 |
Subsidized vs. Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
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.