by our College Data Analytics TeamThis page focuses on the debt students take on to attend Charles and Sues School of Hair Design: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
For incoming students at Charles and Sues School of Hair Design, 65% of freshmen borrow to help pay for their first year, averaging $4,439 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $4,439, equal to roughly 80.7% of the typical first-year dependent student borrowing cap of $5,500. 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 Charles and Sues School of Hair Design, freshmen included, 64% take out federal student loans, averaging $4,981 in federal loans per year. This is 12.2% higher than the $4,439 borrowed by freshmen.
Borrowing at that rate every year works out to about $9,962 by year two and around $19,924 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 | 64% |
| Average federal loan per year | $4,981 |
| Undergraduates with a federal loan | 64 |
| Total federal loans (one year) | $318,805 |
The median student at Charles and Sues School of Hair Design borrows $7,770 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,770 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Charles and Sues School of Hair Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
The indicators below describe what the typical debt costs to pay back at Charles and Sues School of Hair Design.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Charles and Sues School of Hair Design follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.3% |
| Borrowers in the cohort | 41 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $8,635 |
| Middle income | $9,465 |
| High income | $7,083 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,584 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Charles and Sues School of Hair Design.
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?
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.