by our College Data Analytics TeamHere you will find what students actually borrow to attend Empire Beauty School-Pineville: 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.
Looking at the entering class at Empire Beauty School-Pineville, 54% of new students use loans toward freshman-year expenses, borrowing on average $7,500 per student, private and federal loans combined.
The typical federal loan comes to $7,500. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
For undergraduates overall at Empire Beauty School-Pineville, 50% finance part of their studies with federal loans, with a mean of $7,880 each per year. That amounts to 5.1% larger than the freshman federal average of $7,500.
At a steady annual pace, that totals around $15,760 after two years and $31,520 by the fourth year. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 50% |
| Average federal loan per year | $7,880 |
| Undergraduates with a federal loan | 60 |
| Total federal loans (one year) | $472,814 |
Graduating and withdrawing students at Empire Beauty School-Pineville carry a median federal debt of $7,667 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,667 |
| Students who completed (graduates) | $13,000 |
| 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.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Empire Beauty School-Pineville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,120 |
| 90th percentile (highest-debt students) | $15,720 |
How wide this percentile range is tells you how much borrowing varies across students at Empire Beauty School-Pineville.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Empire Beauty School-Pineville.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 309 | $6,761 |
| Completed (graduates) | 153 | $8,210 |
| Did not complete | 156 | $4,875 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $97.63/mo.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Empire Beauty School-Pineville.
Borrowers With Any Stafford Loan
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 297 | — |
| No Stafford loan | 12 | — |
Current-Year Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 287 | $6,932 |
| No Stafford loan this year | 22 | $2,053 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Empire Beauty School-Pineville.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Empire Beauty School-Pineville follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.0% |
| Borrowers in the cohort | 337 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,212 |
| Middle income | $7,667 |
| High income | $9,617 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,667 |
| Continuing-generation students | $9,173 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,646 |
| Independent students | $8,437 |
Federal data publishes the following gap measures for Empire Beauty School-Pineville.
Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Did You Know?
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.