by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Creative Images Institute of Cosmetology, South Dayton: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Among first-year students at Creative Images Institute of Cosmetology, South Dayton, 37% of incoming students take out a loan to help cover first-year costs, borrowing on average $4,928 per student, private and federal loans combined.
The typical federal loan comes to $4,928, representing 89.6% of the typical first-year dependent student borrowing cap of $5,500. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Counting every undergraduate at Creative Images Institute of Cosmetology, South Dayton, 43% borrow through federal student loan programs, borrowing on average $4,585 annually. This works out to 7.0% lower than the $4,928 borrowed by freshmen.
Borrowing at that rate every year works out to about $9,170 across two years and $18,340 by the fourth year. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 43% |
| Average federal loan per year | $4,585 |
| Undergraduates with a federal loan | 49 |
| Total federal loans (one year) | $224,665 |
Graduating and withdrawing students at Creative Images Institute of Cosmetology, South Dayton carry a median federal debt of $9,149 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,149 |
| Students who completed (graduates) | $9,731 |
| Students who withdrew | $3,787 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Creative Images Institute of Cosmetology, South Dayton.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $10,309 |
| 90th percentile (highest-debt students) | $14,621 |
How wide this percentile range is tells you how much borrowing varies across students at Creative Images Institute of Cosmetology, South Dayton.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Creative Images Institute of Cosmetology, South Dayton.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 53 | $7,791 |
The indicators below describe what the typical debt costs to pay back at Creative Images Institute of Cosmetology, South Dayton.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Creative Images Institute of Cosmetology, South Dayton is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.5% |
| Borrowers in the cohort | 199 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,109 |
| Middle income | $9,500 |
| High income | $9,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,823 |
| Continuing-generation students | $9,833 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,918 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Creative Images Institute of Cosmetology, South Dayton.
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.