by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Empire Beauty School-Queens: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Empire Beauty School-Queens, 64% of incoming students take out a loan to help cover first-year costs, for an average of $7,843 each, across private and federal loan sources.
The average federal loan is $7,843. 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.
Across the full undergraduate body at Empire Beauty School-Queens (freshmen included), 62% take out federal student loans, at an average of $7,348 per year. It comes to 6.3% under the freshman federal average of $7,843.
Borrowing the same amount each year would add up to roughly $14,696 after two years and $29,392 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 62% |
| Average federal loan per year | $7,348 |
| Undergraduates with a federal loan | 168 |
| Total federal loans (one year) | $1,234,402 |
The middle borrower at Empire Beauty School-Queens owes $6,756 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,756 |
| 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.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Empire Beauty School-Queens.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $11,771 |
| 90th percentile (highest-debt students) | $15,051 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Empire Beauty School-Queens.
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-Queens.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 366 | $6,247 |
| Completed (graduates) | 200 | $7,471 |
| Did not complete | 166 | $5,254 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $88.84/mo.
Federal data lets us separate Stafford borrowers from the rest at Empire Beauty School-Queens.
Any-Stafford Borrowers
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Used a Stafford loan | 355 | — |
| No Stafford loan | 11 | — |
Stafford This Year vs Not
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 337 | $6,428 |
| No Stafford loan this year | 29 | $5,546 |
The indicators below describe what the typical debt costs to pay back at Empire Beauty School-Queens.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Empire Beauty School-Queens follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.0% |
| Borrowers in the cohort | 236 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,638 |
| Middle income | $7,334 |
| High income | $7,389 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,646 |
| Continuing-generation students | $7,389 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,222 |
| Independent students | $7,389 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Empire Beauty School-Queens.
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.
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.