by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Kenneth Shuler School of Cosmetology and Nails-Columbia— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Kenneth Shuler School of Cosmetology and Nails-Columbia, 87% of incoming students take out a loan to help cover first-year costs, for an average of $7,879 per student, private and federal loans combined.
The average federally funded loan is $7,879. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. 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 Kenneth Shuler School of Cosmetology and Nails-Columbia (freshmen included), 67% take out federal student loans, at an average of $7,223 per year. This is 8.3% under the first-year federal average of $7,879.
Carrying that yearly figure forward comes to roughly $14,446 over two years and about $28,892 by the fourth year. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 67% |
| Average federal loan per year | $7,223 |
| Undergraduates with a federal loan | 142 |
| Total federal loans (one year) | $1,025,665 |
The median student at Kenneth Shuler School of Cosmetology and Nails-Columbia borrows $5,775 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,775 |
| Students who completed (graduates) | $5,858 |
| Students who withdrew | $4,704 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Kenneth Shuler School of Cosmetology and Nails-Columbia.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,756 |
| 25th percentile | $4,750 |
| 75th percentile | $9,916 |
| 90th percentile (highest-debt students) | $13,992 |
How wide this percentile range is tells you how much borrowing varies across students at Kenneth Shuler School of Cosmetology and Nails-Columbia.
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 Kenneth Shuler School of Cosmetology and Nails-Columbia.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 200 | $5,902 |
| Completed (graduates) | 134 | $6,384 |
| Did not complete | 66 | $5,283 |
Completers face an estimated standard 10-year monthly payment on their PLUS-inclusive debt of roughly $75.91/mo.
Stafford loans are the federal direct-loan program most undergraduates use. The breakdown below separates borrowers who used Stafford loans from those who did not at Kenneth Shuler School of Cosmetology and Nails-Columbia.
Borrowers With a Stafford Loan This Year
| Cohort | Borrowers | Median debt incl. PLUS |
|---|---|---|
| Stafford loan this year | 186 | — |
| No Stafford loan this year | 14 | — |
Repayment burden translates the debt figures into what a borrower actually pays each month. Kenneth Shuler School of Cosmetology and Nails-Columbia.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Kenneth Shuler School of Cosmetology and Nails-Columbia follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.6% |
| Borrowers in the cohort | 366 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,825 |
| Middle income | $5,724 |
| High income | $4,750 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,775 |
| Continuing-generation students | $5,825 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,250 |
| Independent students | $5,825 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Kenneth Shuler School of Cosmetology and Nails-Columbia.
Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Important to Remember
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.