by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Barber Tech Academy, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Barber Tech Academy, 100% of incoming undergraduates borrow in year one, averaging $8,833 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $8,833. 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.
For undergraduates overall at Barber Tech Academy, 48% use federal student loans to help pay for their education, for a typical $8,012 per year. That is 9.3% less than the $8,833 typical freshmen borrow.
Borrowing at that rate every year works out to about $16,024 after two years and $32,048 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 48% |
| Average federal loan per year | $8,012 |
| Undergraduates with a federal loan | 45 |
| Total federal loans (one year) | $360,539 |
The median student at Barber Tech Academy borrows $4,750 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $4,750 |
| 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.
These figures turn the debt totals into a monthly repayment picture for Barber Tech Academy.
These pre-calculated indicators summarize the borrowing gaps between cohorts at Barber Tech Academy.
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.
Important to Remember
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.