by our College Data Analytics TeamThis page focuses on the debt students take on to attend Cozmo Beauty School, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Cozmo Beauty School, 29% of new students use loans toward freshman-year expenses, with a typical loan of $5,979 per borrower, covering both private and federal loans.
The average federal loan is $5,979. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Cozmo Beauty School, freshmen included, 29% rely on federal student loans toward their education, with a mean of $5,482 in federal loans per year. That amounts to 8.3% lower than the $5,979 freshmen take on.
Carrying that yearly figure forward comes to roughly $10,964 over two years and about $21,928 over four years. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 29% |
| Average federal loan per year | $5,482 |
| Undergraduates with a federal loan | 24 |
| Total federal loans (one year) | $131,575 |
The middle borrower at Cozmo Beauty School owes $7,666 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,666 |
| Students who completed (graduates) | $8,082 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Cozmo Beauty School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $13,000 |
These figures turn the debt totals into a monthly repayment picture for Cozmo Beauty School.
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 Cozmo Beauty School is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 13.8% |
| Borrowers in the cohort | 72 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,666 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,666 |
| Independent students | $13,000 |
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.
Important to Remember
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.