by our College Data Analytics TeamHere you will find what students actually borrow to attend Keene Beauty Academy: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
At Keene Beauty Academy, 75% of new students use loans toward freshman-year expenses, borrowing on average $5,956 each, across private and federal loan sources.
The typical federal loan comes to $5,956. 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 Keene Beauty Academy (freshmen included), 57% use federal student loans to help pay for their education, at an average of $4,924 each per year. That is 17.3% below the $5,956 freshmen take on.
Repeating that yearly amount projects to about $9,848 across two years and $19,696 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 57% |
| Average federal loan per year | $4,924 |
| Undergraduates with a federal loan | 54 |
| Total federal loans (one year) | $265,870 |
Graduating and withdrawing students at Keene Beauty Academy carry a median federal debt of $8,371 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,371 |
| Students who completed (graduates) | $9,833 |
Half of all borrowers fall between the 25th and 75th percentiles shown below for Keene Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,916 |
| 75th percentile | $14,944 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Keene Beauty Academy.
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 Keene Beauty Academy is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 13.6% |
| Borrowers in the cohort | 44 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,833 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,028 |
| Independent students | $13,000 |
Subsidized vs. 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.
Did You Know?
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.