by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Coachella Valley Beauty College, Beaumont: 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 CV Beauty College, 74% of incoming undergraduates borrow in year one, borrowing on average $5,387 per student, private and federal loans combined.
On the federal side, the average loan is $5,387, amounting to 97.9% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Looking at all undergraduates at CV Beauty College, freshmen included, 68% borrow through federal student loan programs, with a mean of $4,367 each per year. This is 18.9% lower than the $5,387 typical freshmen borrow.
Borrowing at that rate every year works out to about $8,734 in two years and roughly $17,468 across a four-year program. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 68% |
| Average federal loan per year | $4,367 |
| Undergraduates with a federal loan | 128 |
| Total federal loans (one year) | $558,951 |
Graduating and withdrawing students at CV Beauty College carry a median federal debt of $2,333 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $2,333 |
| Students who completed (graduates) | $2,905 |
| Students who withdrew | $1,542 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for CV Beauty College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,338 |
| 25th percentile | $1,718 |
| 75th percentile | $3,790 |
| 90th percentile (highest-debt students) | $5,608 |
How wide this percentile range is tells you how much borrowing varies across students at CV Beauty College.
These figures turn the debt totals into a monthly repayment picture for CV Beauty College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for CV Beauty College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.5% |
| Borrowers in the cohort | 19 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $2,065 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $2,950 |
| Independent students | $1,750 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at CV Beauty College.
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.
Important to Remember
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.