by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Hinton Barber and Beauty College— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Hinton Barber and Beauty College, 35% of incoming students take out a loan to help cover first-year costs, for an average of $8,833 per student, private and federal loans combined.
The typical federal loan comes to $8,833. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Across the full undergraduate body at Hinton Barber and Beauty College (freshmen included), 39% finance part of their studies with federal loans, for a typical $5,856 a year. It comes to 33.7% below the $8,833 typical freshmen borrow.
At a steady annual pace, that totals around $11,712 across two years and $23,424 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 39% |
| Average federal loan per year | $5,856 |
| Undergraduates with a federal loan | 35 |
| Total federal loans (one year) | $204,973 |
The middle borrower at Hinton Barber and Beauty College owes $9,833 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,833 |
| Students who completed (graduates) | $11,445 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Hinton Barber and Beauty College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $6,626 |
| 75th percentile | $16,500 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Hinton Barber and Beauty College.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $11,528 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $15,254 |
Subsidized and Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
Did You Know?
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.