by our College Data Analytics TeamHere you will find what students actually borrow to attend Career Academy of Beauty— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
Looking at the entering class at Career Academy of Beauty, 57% of incoming students take out a loan to help cover first-year costs, averaging $5,747 per student, private and federal loans combined.
The typical federal loan comes to $5,747. This meets or exceeds the $5,500 cap on first-year federal borrowing for the 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.
For undergraduates overall at Career Academy of Beauty, 54% borrow through federal student loan programs, for a typical $5,699 annually. That is 0.8% smaller than the freshman federal average of $5,747.
Borrowing at that rate every year works out to about $11,398 across two years and $22,796 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 54% |
| Average federal loan per year | $5,699 |
| Undergraduates with a federal loan | 212 |
| Total federal loans (one year) | $1,208,101 |
Graduating and withdrawing students at Career Academy of Beauty carry a median federal debt of $6,279 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,279 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $2,937 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Career Academy of Beauty.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,054 |
| 25th percentile | $4,853 |
| 75th percentile | $8,980 |
| 90th percentile (highest-debt students) | $11,456 |
How wide this percentile range is tells you how much borrowing varies across students at Career Academy of Beauty.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Career Academy of Beauty.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 20 | $7,416 |
These figures turn the debt totals into a monthly repayment picture for Career Academy of Beauty.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Career Academy of Beauty follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.0% |
| Borrowers in the cohort | 116 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,030 |
| High income | $3,667 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,279 |
| Continuing-generation students | $6,027 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Career Academy of Beauty.
The Difference Between Subsidized and 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.
Did You Know?
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.