by our College Data Analytics TeamHere you will find what students actually borrow to attend Dalton Institute of Esthetics and Cosmetology— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
At Dalton Institute of Esthetics and Cosmetology specifically, 67% of incoming students take out a loan to help cover first-year costs, at roughly $6,639 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $6,639. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Across the full undergraduate body at Dalton Institute of Esthetics and Cosmetology (freshmen included), 41% rely on federal student loans toward their education, for a typical $5,482 per year. This works out to 17.4% under the $6,639 borrowed by freshmen.
Borrowing at that rate every year works out to about $10,964 by year two and around $21,928 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 41% |
| Average federal loan per year | $5,482 |
| Undergraduates with a federal loan | 52 |
| Total federal loans (one year) | $285,052 |
Graduating and withdrawing students at Dalton Institute of Esthetics and Cosmetology carry a median federal debt of $6,222 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,222 |
| Students who completed (graduates) | $6,222 |
These figures turn the debt totals into a monthly repayment picture for Dalton Institute of Esthetics and Cosmetology.
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 | $6,222 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,250 |
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.