by our College Data Analytics TeamThis page focuses on the debt students take on to attend Empire Beauty School-Chenoweth, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
For incoming students at Empire Beauty School-Chenoweth, 51% of new students use loans toward freshman-year expenses, at roughly $7,064 each — a figure that counts both private and federal student loans.
The average federal loan is $7,064. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Looking at all undergraduates at Empire Beauty School-Chenoweth, freshmen included, 46% take out federal student loans, with a mean of $7,541 each per year. That amounts to 6.8% greater than the $7,064 borrowed by freshmen.
Borrowing at that rate every year works out to about $15,082 across two years and $30,164 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 46% |
| Average federal loan per year | $7,541 |
| Undergraduates with a federal loan | 66 |
| Total federal loans (one year) | $497,693 |
The median student at Empire Beauty School-Chenoweth borrows $7,851 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,851 |
| Students who completed (graduates) | $10,667 |
| Students who withdrew | $4,750 |
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 Empire Beauty School-Chenoweth.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,322 |
| 90th percentile (highest-debt students) | $14,604 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Empire Beauty School-Chenoweth.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Empire Beauty School-Chenoweth.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 465 | $6,605 |
| Completed (graduates) | 270 | $7,460 |
| Did not complete | 195 | $4,968 |
On a standard 10-year plan, the median completing borrower would pay about $88.71/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Empire Beauty School-Chenoweth.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 443 | $6,694 |
| No Stafford loan this year | 22 | $4,672 |
These figures turn the debt totals into a monthly repayment picture for Empire Beauty School-Chenoweth.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Empire Beauty School-Chenoweth appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.9% |
| Borrowers in the cohort | 316 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,667 |
| Middle income | $7,972 |
| High income | $7,917 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,667 |
| Continuing-generation students | $7,917 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $7,917 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Empire Beauty School-Chenoweth.
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
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.