by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Hair Professionals School of Cosmetology, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Hair Professionals School of Cosmetology, 88% of freshmen borrow to help pay for their first year, for an average of $7,745 per student, private and federal loans combined.
On the federal side, the average loan is $7,745. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Looking at all undergraduates at Hair Professionals School of Cosmetology, freshmen included, 56% take out federal student loans, at an average of $7,645 in federal loans per year. This is 1.3% smaller than the first-year federal average of $7,745.
Carrying that yearly figure forward comes to roughly $15,290 across two years and $30,580 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 | 56% |
| Average federal loan per year | $7,645 |
| Undergraduates with a federal loan | 103 |
| Total federal loans (one year) | $787,447 |
The median student at Hair Professionals School of Cosmetology borrows $5,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $9,833 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Hair Professionals School of Cosmetology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $13,000 |
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Hair Professionals School of Cosmetology.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 28 | $9,445 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Hair Professionals School of Cosmetology.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Hair Professionals School of Cosmetology is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.9% |
| Borrowers in the cohort | 56 |
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 Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $4,750 |
| Middle income | $7,917 |
| High income | $7,184 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,818 |
| Independent students | $4,750 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Hair Professionals School of Cosmetology.
The Difference Between 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.
Important to Remember
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.