by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Beyond Measure Barbering Institute: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
For undergraduates overall at Beyond Measure Barbering Institute, 57% borrow through federal student loan programs, averaging $11,654 in federal loans per year.
At a steady annual pace, that totals around $23,308 after two years and $46,616 across a four-year program. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 57% |
| Average federal loan per year | $11,654 |
| Undergraduates with a federal loan | 20 |
| Total federal loans (one year) | $233,070 |
Graduating and withdrawing students at Beyond Measure Barbering Institute carry a median federal debt of $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $12,533 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Beyond Measure Barbering Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,536 |
| 75th percentile | $14,683 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Beyond Measure Barbering Institute.
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.
Did You Know?
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.