by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Educators of Beauty College of Cosmetology-Peru: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
For incoming students at Educators of Beauty College of Cosmetology-Peru, 80% of first-year students take on loan debt, for an average of $6,566 each, across private and federal loan sources.
The average federal loan is $6,566. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Among all degree-seeking undergrads at Educators of Beauty College of Cosmetology-Peru, 59% take out federal student loans, with a mean of $8,093 per year. That amounts to 23.3% above the $6,566 borrowed by freshmen.
Repeating that yearly amount projects to about $16,186 by year two and around $32,372 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 59% |
| Average federal loan per year | $8,093 |
| Undergraduates with a federal loan | 47 |
| Total federal loans (one year) | $380,390 |
The middle borrower at Educators of Beauty College of Cosmetology-Peru owes $9,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $9,833 |
| Students who withdrew | $5,500 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Educators of Beauty College of Cosmetology-Peru.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $6,745 |
| 75th percentile | $13,666 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Educators of Beauty College of Cosmetology-Peru.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Educators of Beauty College of Cosmetology-Peru is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.6% |
| Borrowers in the cohort | 30 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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 | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,713 |
| Independent students | $9,500 |
Subsidized vs. 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.