by our College Data Analytics TeamHere you will find what students actually borrow to attend Associated Barber College of San Diego, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Associated Barber College of San Diego, 62% of incoming undergraduates borrow in year one, borrowing on average $9,063 per borrower, covering both private and federal loans.
The typical federal loan comes to $9,063. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Looking at all undergraduates at Associated Barber College of San Diego, freshmen included, 50% finance part of their studies with federal loans, averaging $8,626 each per year. It comes to 4.8% less than the $9,063 borrowed by freshmen.
Repeating that yearly amount projects to about $17,252 after two years and $34,504 over a four-year span. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 50% |
| Average federal loan per year | $8,626 |
| Undergraduates with a federal loan | 86 |
| Total federal loans (one year) | $741,809 |
The middle borrower at Associated Barber College of San Diego owes $15,340 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $15,340 |
| Students who completed (graduates) | $16,500 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Associated Barber College of San Diego.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $6,963 |
| 75th percentile | $16,500 |
These figures turn the debt totals into a monthly repayment picture for Associated Barber College of San Diego.
The Difference Between 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.
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.