by our College Data Analytics TeamHere you will find what students actually borrow to attend Cameo Beauty Academy— 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.
Among first-year students at Cameo Beauty Academy, 100% of freshmen borrow to help pay for their first year, for an average of $8,333 each, across private and federal loan sources.
Federal loans alone average $8,333. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Looking at all undergraduates at Cameo Beauty Academy, freshmen included, 54% finance part of their studies with federal loans, at an average of $7,078 each per year. This works out to 15.1% less than the $8,333 freshmen take on.
Repeating that yearly amount projects to about $14,156 in two years and roughly $28,312 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 54% |
| Average federal loan per year | $7,078 |
| Undergraduates with a federal loan | 65 |
| Total federal loans (one year) | $460,038 |
Graduating and withdrawing students at Cameo Beauty Academy carry a median federal debt of $6,764 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,764 |
| Students who completed (graduates) | $10,929 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Cameo Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,742 |
| 25th percentile | $4,750 |
| 75th percentile | $12,850 |
| 90th percentile (highest-debt students) | $16,500 |
How wide this percentile range is tells you how much borrowing varies across students at Cameo Beauty Academy.
Repayment burden translates the debt figures into what a borrower actually pays each month. Cameo Beauty Academy.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Cameo Beauty Academy follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 3.2% |
| Borrowers in the cohort | 91 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,372 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,173 |
| Independent students | $6,642 |
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.
Did You Know?
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.