by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Hair Professionals Career College, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Hair Professionals Career College specifically, 73% of incoming students take out a loan to help cover first-year costs, with a typical loan of $8,560 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $8,560. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Counting every undergraduate at Hair Professionals Career College, 60% rely on federal student loans toward their education, borrowing on average $7,359 annually. This works out to 14.0% lower than the freshman federal average of $8,560.
Borrowing the same amount each year would add up to roughly $14,718 after two years and $29,436 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 | 60% |
| Average federal loan per year | $7,359 |
| Undergraduates with a federal loan | 69 |
| Total federal loans (one year) | $507,781 |
The middle borrower at Hair Professionals Career College owes $7,917 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,917 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Hair Professionals Career College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,584 |
| 75th percentile | $9,833 |
| 90th percentile (highest-debt students) | $16,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Hair Professionals Career College.
These figures turn the debt totals into a monthly repayment picture for Hair Professionals Career College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Hair Professionals Career College is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.7% |
| Borrowers in the cohort | 84 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,892 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,732 |
| Independent students | $7,917 |
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
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.