by our College Data Analytics TeamThis page focuses on the debt students take on to attend Champ’s Barber School: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
At Champ’s Barber School, 96% of incoming undergraduates borrow in year one, at roughly $9,826 per student, private and federal loans combined.
The average federal loan is $9,826. This is at or above the $5,500 first-year federal borrowing cap that applies to 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.
Among all degree-seeking undergrads at Champ’s Barber School, 60% rely on federal student loans toward their education, with a mean of $5,013 annually. That amounts to 49.0% less than the $9,826 freshmen take on.
Borrowing at that rate every year works out to about $10,026 over two years and about $20,052 by the fourth year. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 60% |
| Average federal loan per year | $5,013 |
| Undergraduates with a federal loan | 49 |
| Total federal loans (one year) | $245,652 |
The middle borrower at Champ’s Barber School owes $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Champ’s Barber School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $11,984 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Champ’s Barber School.
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.
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.