by our College Data Analytics TeamBelow is federal data on the loans students use to pay for City Pointe Beauty Academy: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
For incoming students at City Pointe Beauty Academy, 73% of incoming undergraduates borrow in year one, at roughly $5,340 each, across private and federal loan sources.
The average federal loan is $5,340, or about 97.1% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at City Pointe Beauty Academy, freshmen included, 51% use federal student loans to help pay for their education, with a mean of $6,458 a year. That amounts to 20.9% larger than the freshman federal average of $5,340.
Borrowing the same amount each year would add up to roughly $12,916 across two years and $25,832 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 51% |
| Average federal loan per year | $6,458 |
| Undergraduates with a federal loan | 81 |
| Total federal loans (one year) | $523,130 |
The median student at City Pointe Beauty Academy borrows $6,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,500 |
| Students who completed (graduates) | $7,641 |
| 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 City Pointe Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $9,833 |
| 90th percentile (highest-debt students) | $16,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at City Pointe Beauty Academy.
The indicators below describe what the typical debt costs to pay back at City Pointe Beauty Academy.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,864 |
| Independent students | $6,333 |
Subsidized vs. 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.