by our College Data Analytics TeamThis page focuses on the debt students take on to attend American College of Barbering, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
For incoming students at American College of Barbering, 35% of incoming students take out a loan to help cover first-year costs, with a typical loan of $6,490 per borrower, covering both private and federal loans.
Federal loans alone average $6,490. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Among all degree-seeking undergrads at American College of Barbering, 47% rely on federal student loans toward their education, with a mean of $6,321 a year. That amounts to 2.6% below the $6,490 typical freshmen borrow.
Repeating that yearly amount projects to about $12,642 across two years and $25,284 across a four-year program. 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 | $6,321 |
| Undergraduates with a federal loan | 56 |
| Total federal loans (one year) | $353,950 |
Graduating and withdrawing students at American College of Barbering carry a median federal debt of $9,399 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,399 |
| Students who completed (graduates) | $14,143 |
| Students who withdrew | $4,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at American College of Barbering.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $16,500 |
These figures turn the debt totals into a monthly repayment picture for American College of Barbering.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $10,624 |
Federal data publishes the following gap measures for American College of Barbering.
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.
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.