by our College Data Analytics TeamThis page focuses on the debt students take on to attend Hollywood Institute of Beauty Careers-West Palm Beach, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Among first-year students at Hollywood Institute of Beauty Careers-West Palm Beach, 44% of first-year students take on loan debt, with a typical loan of $5,100 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $5,100, equal to roughly 92.7% of the $5,500 first-year borrowing cap for the typical first-year dependent student. 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 Hollywood Institute of Beauty Careers-West Palm Beach, 38% borrow through federal student loan programs, at an average of $5,065 annually. That is 0.7% smaller than the $5,100 freshmen take on.
Repeating that yearly amount projects to about $10,130 over two years and about $20,260 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 38% |
| Average federal loan per year | $5,065 |
| Undergraduates with a federal loan | 193 |
| Total federal loans (one year) | $977,633 |
The median student at Hollywood Institute of Beauty Careers-West Palm Beach borrows $6,105 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,105 |
| Students who completed (graduates) | $6,199 |
| Students who withdrew | $4,456 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Hollywood Institute of Beauty Careers-West Palm Beach.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,054 |
| 25th percentile | $4,555 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $12,192 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Hollywood Institute of Beauty Careers-West Palm Beach.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Hollywood Institute of Beauty Careers-West Palm Beach.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 173 | $3,289 |
| Completed (graduates) | 114 | $3,557 |
| Did not complete | 59 | $3,078 |
On a standard 10-year plan, the median completing borrower would pay about $42.3/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Hollywood Institute of Beauty Careers-West Palm Beach.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 163 | — |
| No Stafford loan this year | 10 | — |
Repayment burden translates the debt figures into what a borrower actually pays each month. Hollywood Institute of Beauty Careers-West Palm Beach.
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 Hollywood Institute of Beauty Careers-West Palm Beach follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.0% |
| Borrowers in the cohort | 149 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,105 |
| Middle income | $6,128 |
| High income | $4,833 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,105 |
| Continuing-generation students | $6,116 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,803 |
| Independent students | $6,120 |
Federal data publishes the following gap measures for Hollywood Institute of Beauty Careers-West Palm Beach.
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.
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.