by our College Data Analytics TeamHere you will find what students actually borrow to attend Butte Academy of Beauty Culture— 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.
Graduating and withdrawing students at Butte Academy of Beauty carry a median federal debt of $5,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Butte Academy of Beauty.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,375 |
| 75th percentile | $9,797 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Butte Academy of Beauty.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Butte Academy of Beauty follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.8% |
| Borrowers in the cohort | 28 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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.
Worth Knowing
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.