by our College Data Analytics TeamHere you will find what students actually borrow to attend Bucks County School of Beauty Culture Inc— 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 Bucks County School of Beauty Culture Inc, 60% of first-year students take on loan debt, with a typical loan of $7,706 per student, private and federal loans combined.
The average federal loan is $5,307, which is 96.5% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Among all degree-seeking undergrads at Bucks County School of Beauty Culture Inc, 36% take out federal student loans, averaging $4,463 each per year. That is 15.9% below the freshman federal average of $5,307.
Borrowing the same amount each year would add up to roughly $8,926 in two years and roughly $17,852 after four. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 36% |
| Average federal loan per year | $4,463 |
| Undergraduates with a federal loan | 51 |
| Total federal loans (one year) | $227,595 |
Graduating and withdrawing students at Bucks County School of Beauty Culture Inc carry a median federal debt of $7,709 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,709 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Bucks County School of Beauty Culture Inc.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $10,800 |
The indicators below describe what the typical debt costs to pay back at Bucks County School of Beauty Culture Inc.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Bucks County School of Beauty Culture Inc follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 2.6% |
| Borrowers in the cohort | 38 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,209 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,028 |
| Independent students | $7,389 |
The Difference Between Subsidized and 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.