by our College Data Analytics TeamHere you will find what students actually borrow to attend Fort Pierce Beauty Academy: 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.
At Fort Pierce Beauty Academy specifically, 100% of first-year students take on loan debt, averaging $7,576 apiece. This figure includes both private and federally funded student loans.
On the federal side, the average loan is $7,576. This is at or above the $5,500 first-year federal borrowing cap that applies to 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.
Among all degree-seeking undergrads at Fort Pierce Beauty Academy, 98% rely on federal student loans toward their education, borrowing on average $7,125 in federal loans per year. This works out to 6.0% lower than the $7,576 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $14,250 by year two and around $28,500 across a four-year program. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 98% |
| Average federal loan per year | $7,125 |
| Undergraduates with a federal loan | 40 |
| Total federal loans (one year) | $285,000 |
The median student at Fort Pierce Beauty Academy borrows $5,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $7,917 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Fort Pierce Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $1,750 |
| 75th percentile | $4,300 |
These figures turn the debt totals into a monthly repayment picture for Fort Pierce Beauty Academy.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Fort Pierce Beauty Academy is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 0 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $7,791 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,584 |
| Independent students | $6,500 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Fort Pierce Beauty Academy.
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.