by our College Data Analytics TeamThis page focuses on the debt students take on to attend Empire Beauty School-NE Philadelphia— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
Among first-year students at Empire Beauty School-NE Philadelphia, 39% of new students use loans toward freshman-year expenses, averaging $8,138 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $8,138. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Counting every undergraduate at Empire Beauty School-NE Philadelphia, 47% take out federal student loans, averaging $8,080 in federal loans per year. That amounts to 0.7% smaller than the first-year federal average of $8,138.
Carrying that yearly figure forward comes to roughly $16,160 across two years and $32,320 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 47% |
| Average federal loan per year | $8,080 |
| Undergraduates with a federal loan | 90 |
| Total federal loans (one year) | $727,208 |
The middle borrower at Empire Beauty School-NE Philadelphia owes $7,050 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,050 |
| Students who completed (graduates) | $13,583 |
| 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-NE Philadelphia.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,803 |
| 90th percentile (highest-debt students) | $15,322 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Empire Beauty School-NE Philadelphia.
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 Empire Beauty School-NE Philadelphia.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 370 | $6,689 |
| Completed (graduates) | 196 | $8,974 |
| Did not complete | 174 | $4,813 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $106.71/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Empire Beauty School-NE Philadelphia.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 356 | — |
| No Stafford loan | 14 | — |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 330 | $6,860 |
| No Stafford loan this year | 40 | $4,379 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Empire Beauty School-NE Philadelphia.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Empire Beauty School-NE Philadelphia follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.5% |
| Borrowers in the cohort | 200 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $8,028 |
| High income | $8,028 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,010 |
| Continuing-generation students | $7,740 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,023 |
| Independent students | $6,393 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Empire Beauty School-NE Philadelphia.
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.
Did You Know?
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.