by our College Data Analytics TeamThis page focuses on the debt students take on to attend Hollywood Institute of Beauty Careers: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Hollywood Institute of Beauty Careers, 62% of first-year students take on loan debt, with a typical loan of $5,016 per student, private and federal loans combined.
The average federally funded loan is $5,016, equal to roughly 91.2% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Across the full undergraduate body at Hollywood Institute of Beauty Careers (freshmen included), 50% borrow through federal student loan programs, at an average of $4,713 a year. That is 6.0% under the $5,016 typical freshmen borrow.
Borrowing at that rate every year works out to about $9,426 in two years and roughly $18,852 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 | 50% |
| Average federal loan per year | $4,713 |
| Undergraduates with a federal loan | 259 |
| Total federal loans (one year) | $1,220,660 |
The middle borrower at Hollywood Institute of Beauty Careers owes $6,105 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,105 |
| Students who completed (graduates) | $6,199 |
| Students who withdrew | $4,456 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Hollywood Institute of Beauty Careers.
| 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 |
How wide this percentile range is tells you how much borrowing varies across students at Hollywood Institute of Beauty Careers.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Hollywood Institute of Beauty Careers.
| 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.
The split below distinguishes Stafford borrowers from non-Stafford borrowers at Hollywood Institute of Beauty Careers.
Stafford This Year vs Not
| 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.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Hollywood Institute of Beauty Careers is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 10.0% |
| Borrowers in the cohort | 149 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
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 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Hollywood Institute of Beauty Careers.
Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
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.