by our College Data Analytics TeamHere you will find what students actually borrow to attend House of Heavilin Beauty College-Raymore: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
At House of Heavilin Beauty College-Raymore specifically, 88% of new students use loans toward freshman-year expenses, borrowing on average $8,797 each, across private and federal loan sources.
The typical federal loan comes to $8,797. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at House of Heavilin Beauty College-Raymore, freshmen included, 58% take out federal student loans, borrowing on average $7,665 a year. It comes to 12.9% under the first-year federal average of $8,797.
Repeating that yearly amount projects to about $15,330 by year two and around $30,660 over four years. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 58% |
| Average federal loan per year | $7,665 |
| Undergraduates with a federal loan | 33 |
| Total federal loans (one year) | $252,939 |
The middle borrower at House of Heavilin Beauty College-Raymore owes $6,333 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for House of Heavilin Beauty College-Raymore.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $8,159 |
| 75th percentile | $12,430 |
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for House of Heavilin Beauty College-Raymore.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 21 | $6,225 |
Repayment burden translates the debt figures into what a borrower actually pays each month. House of Heavilin Beauty College-Raymore.
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 House of Heavilin Beauty College-Raymore follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.0% |
| Borrowers in the cohort | 33 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at House of Heavilin Beauty College-Raymore.
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.
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.