by our College Data Analytics TeamThis page focuses on the debt students take on to attend David Pressley School of Cosmetology, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at David Pressley School of Cosmetology, 88% of freshmen borrow to help pay for their first year, with a typical loan of $6,623 each — a figure that counts both private and federal student loans.
Federal loans alone average $6,623. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at David Pressley School of Cosmetology, 58% finance part of their studies with federal loans, borrowing on average $6,289 a year. That is 5.0% below the $6,623 typical freshmen borrow.
Repeating that yearly amount projects to about $12,578 in two years and roughly $25,156 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 58% |
| Average federal loan per year | $6,289 |
| Undergraduates with a federal loan | 178 |
| Total federal loans (one year) | $1,119,401 |
The median student at David Pressley School of Cosmetology borrows $6,160 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,160 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $3,500 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at David Pressley School of Cosmetology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $9,833 |
| 90th percentile (highest-debt students) | $16,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at David Pressley School of Cosmetology.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at David Pressley School of Cosmetology.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 32 | $6,020 |
The indicators below describe what the typical debt costs to pay back at David Pressley School of Cosmetology.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for David Pressley School of Cosmetology appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.0% |
| Borrowers in the cohort | 141 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,000 |
| Middle income | $6,333 |
| High income | $6,418 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,240 |
| Continuing-generation students | $5,370 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,380 |
| Independent students | $6,333 |
Federal data publishes the following gap measures for David Pressley School of Cosmetology.
Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
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.