by our College Data Analytics TeamHere you will find what students actually borrow to attend Baltimore Beauty & Barber School II— 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.
At Baltimore Beauty & Barber School II, 74% of incoming students take out a loan to help cover first-year costs, with a typical loan of $1,924 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $1,924, or about 35.0% of the typical first-year dependent student borrowing cap of $5,500. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Among all degree-seeking undergrads at Baltimore Beauty & Barber School II, 54% finance part of their studies with federal loans, borrowing on average $1,497 each per year. This is 22.2% less than the first-year federal average of $1,924.
Borrowing at that rate every year works out to about $2,994 over two years and about $5,988 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 54% |
| Average federal loan per year | $1,497 |
| Undergraduates with a federal loan | 61 |
| Total federal loans (one year) | $91,308 |
The median student at Baltimore Beauty & Barber School II borrows $7,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,500 |
| Students who completed (graduates) | $13,000 |
| 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 Baltimore Beauty & Barber School II.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,942 |
| 25th percentile | $3,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $13,166 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Baltimore Beauty & Barber School II.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Baltimore Beauty & Barber School II.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 25 | $4,000 |
These figures turn the debt totals into a monthly repayment picture for Baltimore Beauty & Barber School II.
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 Baltimore Beauty & Barber School II appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.7% |
| Borrowers in the cohort | 253 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,309 |
| Independent students | $9,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Baltimore Beauty & Barber School II.
The Difference Between Subsidized and 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.
Worth Knowing
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.