by our College Data Analytics TeamThis page focuses on the debt students take on to attend Arthur’s Beauty College - Jonesboro— 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.
At Arthur’s Beauty College - Jonesboro specifically, 69% of incoming undergraduates borrow in year one, averaging $6,829 each — a figure that counts both private and federal student loans.
Federal loans alone average $6,829. 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.
Among all degree-seeking undergrads at Arthur’s Beauty College - Jonesboro, 66% borrow through federal student loan programs, at an average of $6,327 annually. That is 7.4% less than the $6,829 borrowed by freshmen.
Borrowing at that rate every year works out to about $12,654 over two years and about $25,308 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 66% |
| Average federal loan per year | $6,327 |
| Undergraduates with a federal loan | 69 |
| Total federal loans (one year) | $436,570 |
The middle borrower at Arthur’s Beauty College - Jonesboro owes $9,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $10,500 |
| 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.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Arthur’s Beauty College - Jonesboro.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,231 |
| 90th percentile (highest-debt students) | $16,487 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Arthur’s Beauty College - Jonesboro.
Repayment burden translates the debt figures into what a borrower actually pays each month. Arthur’s Beauty College - Jonesboro.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Arthur’s Beauty College - Jonesboro is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.7% |
| Borrowers in the cohort | 26 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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 | $9,300 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $9,500 |
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.
Worth Knowing
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.