by our College Data Analytics TeamThis page focuses on the debt students take on to attend Fountain of Youth Academy of Cosmetology— 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 Fountain of Youth Academy of Cosmetology, 40% of incoming students take out a loan to help cover first-year costs, with a typical loan of $8,059 each — a figure that counts both private and federal student loans.
The average federal loan is $8,059. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
For undergraduates overall at Fountain of Youth Academy of Cosmetology, 7% finance part of their studies with federal loans, borrowing on average $6,044 annually. That is 25.0% smaller than the freshman federal average of $8,059.
Carrying that yearly figure forward comes to roughly $12,088 after two years and $24,176 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 7% |
| Average federal loan per year | $6,044 |
| Undergraduates with a federal loan | 8 |
| Total federal loans (one year) | $48,351 |
The median student at Fountain of Youth Academy of Cosmetology borrows $5,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $3,596 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Repayment burden translates the debt figures into what a borrower actually pays each month. Fountain of Youth Academy of Cosmetology.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,481 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $5,481 |
Federal data publishes the following gap measures for Fountain of Youth Academy of Cosmetology.
Subsidized vs. 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.
Worth Knowing
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.