by our College Data Analytics TeamThis page focuses on the debt students take on to attend Florida Academy of Health & Beauty— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
At Florida Academy of Health & Beauty specifically, 70% of new students use loans toward freshman-year expenses, for an average of $4,176 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $4,176, equal to roughly 75.9% of the typical first-year dependent student borrowing cap of $5,500. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Counting every undergraduate at Florida Academy of Health & Beauty, 36% use federal student loans to help pay for their education, borrowing on average $4,260 in federal loans per year. This is 2.0% greater than the $4,176 freshmen take on.
Borrowing the same amount each year would add up to roughly $8,520 by year two and around $17,040 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 | 36% |
| Average federal loan per year | $4,260 |
| Undergraduates with a federal loan | 37 |
| Total federal loans (one year) | $157,629 |
The middle borrower at Florida Academy of Health & Beauty owes $3,300 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,300 |
| Students who completed (graduates) | $3,333 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Florida Academy of Health & Beauty.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,500 |
| 75th percentile | $7,000 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Florida Academy of Health & Beauty.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Florida Academy of Health & Beauty is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 50.0% |
| Borrowers in the cohort | 4 |
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.
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,000 |
| Independent students | $3,500 |
The Difference Between 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.
Important to Remember
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.