by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Institute of Advanced Medical Esthetics— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
Looking at the entering class at Institute of Advanced Medical Esthetics, 44% of first-year students take on loan debt, with a typical loan of $7,428 each, across private and federal loan sources.
The typical federal loan comes to $7,428. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Across the full undergraduate body at Institute of Advanced Medical Esthetics (freshmen included), 41% take out federal student loans, at an average of $7,245 each per year. This works out to 2.5% smaller than the freshman federal average of $7,428.
Borrowing at that rate every year works out to about $14,490 in two years and roughly $28,980 over a four-year span. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 41% |
| Average federal loan per year | $7,245 |
| Undergraduates with a federal loan | 17 |
| Total federal loans (one year) | $123,162 |
The median student at Institute of Advanced Medical Esthetics borrows $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Institute of Advanced Medical Esthetics.
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 Institute of Advanced Medical Esthetics appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 14 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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.