by our College Data Analytics TeamHere you will find what students actually borrow to attend International School of Skin Nailcare & Massage Therapy— 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.
Among first-year students at ISSNMT, 0% of first-year students take on loan debt.
Among all degree-seeking undergrads at ISSNMT, 62% rely on federal student loans toward their education, at an average of $5,466 per year.
At a steady annual pace, that totals around $10,932 in two years and roughly $21,864 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 62% |
| Average federal loan per year | $5,466 |
| Undergraduates with a federal loan | 279 |
| Total federal loans (one year) | $1,525,132 |
The median student at ISSNMT borrows $6,193 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,193 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $3,478 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 ISSNMT.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,082 |
| 25th percentile | $3,993 |
| 75th percentile | $7,233 |
| 90th percentile (highest-debt students) | $9,425 |
How wide this percentile range is tells you how much borrowing varies across students at ISSNMT.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at ISSNMT.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 41 | $5,000 |
The indicators below describe what the typical debt costs to pay back at ISSNMT.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for ISSNMT appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.6% |
| Borrowers in the cohort | 234 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,192 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,222 |
| Continuing-generation students | $5,898 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at ISSNMT.
The Difference Between 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.
Important to Remember
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.