by our College Data Analytics TeamHere you will find what students actually borrow to attend Empire Beauty School-North Hills— 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.
At Empire Beauty School-North Hills specifically, 69% of incoming students take out a loan to help cover first-year costs, borrowing on average $7,900 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $7,900. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
For undergraduates overall at Empire Beauty School-North Hills, 69% take out federal student loans, borrowing on average $7,844 each per year. This is 0.7% below the $7,900 typical freshmen borrow.
Borrowing at that rate every year works out to about $15,688 across two years and $31,376 across a four-year program. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 69% |
| Average federal loan per year | $7,844 |
| Undergraduates with a federal loan | 82 |
| Total federal loans (one year) | $643,240 |
Graduating and withdrawing students at Empire Beauty School-North Hills carry a median federal debt of $6,633 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,633 |
| Students who completed (graduates) | $10,667 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Empire Beauty School-North Hills.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $11,094 |
| 90th percentile (highest-debt students) | $13,583 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Empire Beauty School-North Hills.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Empire Beauty School-North Hills.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 368 | $5,146 |
| Completed (graduates) | 212 | $7,668 |
| Did not complete | 156 | $4,027 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $91.18/mo.
Federal data lets us separate Stafford borrowers from the rest at Empire Beauty School-North Hills.
Stafford vs Non-Stafford (any year)
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 357 | — |
| No Stafford loan | 11 | — |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 345 | $5,426 |
| No Stafford loan this year | 23 | $3,044 |
The indicators below describe what the typical debt costs to pay back at Empire Beauty School-North Hills.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Empire Beauty School-North Hills follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 11.9% |
| Borrowers in the cohort | 504 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,222 |
| Middle income | $7,667 |
| High income | $8,028 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,478 |
| Continuing-generation students | $8,028 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,222 |
| Independent students | $7,238 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Empire Beauty School-North Hills.
The Difference Between 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.