by our College Data Analytics TeamHere you will find what students actually borrow to attend Boca Beauty Academy— 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.
Among first-year students at Boca Beauty Academy, 66% of freshmen borrow to help pay for their first year, for an average of $5,610 each, across private and federal loan sources.
The typical federal loan comes to $4,158, which is 75.6% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Among all degree-seeking undergrads at Boca Beauty Academy, 57% finance part of their studies with federal loans, averaging $4,392 a year. This works out to 5.6% higher than the $4,158 freshmen take on.
Repeating that yearly amount projects to about $8,784 in two years and roughly $17,568 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 57% |
| Average federal loan per year | $4,392 |
| Undergraduates with a federal loan | 208 |
| Total federal loans (one year) | $913,437 |
Graduating and withdrawing students at Boca Beauty Academy carry a median federal debt of $5,848 of cumulative federal debt.
| 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Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Boca Beauty Academy.
| 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.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Boca Beauty Academy.
| 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.
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 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,820 |
| Continuing-generation students | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,972 |
| Independent students | $6,333 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Boca Beauty Academy.
Subsidized vs. Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
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.