by our College Data Analytics TeamThis page focuses on the debt students take on to attend Aveda Arts & Sciences Institute Lafayette-Arlington— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Aveda Arts & Sciences Institute Lafayette-Arlington, 98% of incoming undergraduates borrow in year one, for an average of $10,142 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $6,802. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Looking at all undergraduates at Aveda Arts & Sciences Institute Lafayette-Arlington, freshmen included, 50% finance part of their studies with federal loans, averaging $6,160 per year. That amounts to 9.4% under the first-year federal average of $6,802.
Borrowing at that rate every year works out to about $12,320 across two years and $24,640 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 50% |
| Average federal loan per year | $6,160 |
| Undergraduates with a federal loan | 184 |
| Total federal loans (one year) | $1,133,530 |
Graduating and withdrawing students at Aveda Arts & Sciences Institute Lafayette-Arlington carry a median federal debt of $7,411 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,411 |
| Students who completed (graduates) | $7,916 |
| 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 Aveda Arts & Sciences Institute Lafayette-Arlington.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,998 |
| 25th percentile | $4,750 |
| 75th percentile | $11,444 |
| 90th percentile (highest-debt students) | $13,833 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Aveda Arts & Sciences Institute Lafayette-Arlington.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Aveda Arts & Sciences Institute Lafayette-Arlington.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 48 | $7,636 |
These figures turn the debt totals into a monthly repayment picture for Aveda Arts & Sciences Institute Lafayette-Arlington.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Aveda Arts & Sciences Institute Lafayette-Arlington is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.0% |
| Borrowers in the cohort | 80 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,916 |
| Middle income | $5,500 |
| High income | $7,427 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,394 |
| Continuing-generation students | $7,666 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,200 |
| Independent students | $7,916 |
Federal data publishes the following gap measures for Aveda Arts & Sciences Institute Lafayette-Arlington.
Subsidized vs. 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
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.