by our College Data Analytics TeamThis page focuses on the debt students take on to attend Boca Beauty Academy - Parkland— 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.
For incoming students at Boca Beauty Academy - Parkland, 79% of freshmen borrow to help pay for their first year, with a typical loan of $5,278 per student, private and federal loans combined.
Federal loans alone average $5,349, amounting to 97.3% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Counting every undergraduate at Boca Beauty Academy - Parkland, 58% use federal student loans to help pay for their education, with a mean of $6,671 in federal loans per year. This is 24.7% greater than the $5,349 freshmen take on.
Borrowing the same amount each year would add up to roughly $13,342 over two years and about $26,684 across a four-year program. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 58% |
| Average federal loan per year | $6,671 |
| Undergraduates with a federal loan | 142 |
| Total federal loans (one year) | $947,243 |
The middle borrower at Boca Beauty Academy - Parkland owes $5,848 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,848 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $3,167 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Boca Beauty Academy - Parkland.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,294 |
| 25th percentile | $3,666 |
| 75th percentile | $6,861 |
| 90th percentile (highest-debt students) | $10,936 |
How wide this percentile range is tells you how much borrowing varies across students at Boca Beauty Academy - Parkland.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Boca Beauty Academy - Parkland.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 58 | $5,408 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Boca Beauty Academy - Parkland.
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 | $5,821 |
| Middle income | $5,500 |
| High income | $6,861 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,820 |
| Continuing-generation students | $6,333 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,972 |
| Independent students | $6,333 |
Federal data publishes the following gap measures for Boca Beauty Academy - Parkland.
Subsidized vs. Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
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.