by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Divine Crown Barber & Beauty Academy— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
At Divine Crown Barber & Beauty Academy, 46% of first-year students take on loan debt, with a typical loan of $5,153 each — a figure that counts both private and federal student loans.
The average federally funded loan is $5,153, which is 93.7% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Across the full undergraduate body at Divine Crown Barber & Beauty Academy (freshmen included), 44% rely on federal student loans toward their education, at an average of $4,651 each per year. That is 9.7% lower than the freshman federal average of $5,153.
At a steady annual pace, that totals around $9,302 in two years and roughly $18,604 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 | 44% |
| Average federal loan per year | $4,651 |
| Undergraduates with a federal loan | 60 |
| Total federal loans (one year) | $279,053 |
Graduating and withdrawing students at Divine Crown Barber & Beauty Academy carry a median federal debt of $3,167 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,167 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Divine Crown Barber & Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,080 |
| 75th percentile | $7,706 |
These figures turn the debt totals into a monthly repayment picture for Divine Crown Barber & Beauty Academy.
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 | $3,167 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Divine Crown Barber & Beauty Academy.
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.
Worth Knowing
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.