by our College Data Analytics TeamThis page focuses on the debt students take on to attend Barber School of Pittsburgh— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
At Barber School of Pittsburgh, 73% of first-year students take on loan debt, borrowing on average $7,213 each — a figure that counts both private and federal student loans.
The average federally funded loan is $7,213. 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 Barber School of Pittsburgh, 74% finance part of their studies with federal loans, at an average of $7,669 annually. That is 6.3% above the $7,213 freshmen take on.
Borrowing at that rate every year works out to about $15,338 by year two and around $30,676 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 74% |
| Average federal loan per year | $7,669 |
| Undergraduates with a federal loan | 89 |
| Total federal loans (one year) | $682,539 |
Graduating and withdrawing students at Barber School of Pittsburgh carry a median federal debt of $13,583 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $13,583 |
| Students who completed (graduates) | $13,583 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Barber School of Pittsburgh.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $13,583 |
| 90th percentile (highest-debt students) | $13,583 |
How wide this percentile range is tells you how much borrowing varies across students at Barber School of Pittsburgh.
These figures turn the debt totals into a monthly repayment picture for Barber School of Pittsburgh.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $13,583 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,028 |
| Independent students | $13,583 |
Federal data publishes the following gap measures for Barber School of Pittsburgh.
Subsidized vs. 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
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.