by our College Data Analytics TeamThis page focuses on the debt students take on to attend Kenneth Shuler School of Cosmetology-Florence— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
At Kenneth Shuler School of Cosmetology-Florence specifically, 90% of first-year students take on loan debt, with a typical loan of $6,515 per student, private and federal loans combined.
On the federal side, the average loan is $6,515. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Across the full undergraduate body at Kenneth Shuler School of Cosmetology-Florence (freshmen included), 61% take out federal student loans, for a typical $6,674 a year. It comes to 2.4% above the $6,515 freshmen take on.
Repeating that yearly amount projects to about $13,348 over two years and about $26,696 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 61% |
| Average federal loan per year | $6,674 |
| Undergraduates with a federal loan | 205 |
| Total federal loans (one year) | $1,368,249 |
The median student at Kenneth Shuler School of Cosmetology-Florence borrows $5,825 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,825 |
| Students who completed (graduates) | $8,661 |
| Students who withdrew | $4,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Kenneth Shuler School of Cosmetology-Florence.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $10,848 |
| 90th percentile (highest-debt students) | $14,121 |
How wide this percentile range is tells you how much borrowing varies across students at Kenneth Shuler School of Cosmetology-Florence.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Kenneth Shuler School of Cosmetology-Florence.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 116 | $6,545 |
| Completed (graduates) | 77 | $6,700 |
| Did not complete | 39 | $5,061 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $79.67/mo.
These figures turn the debt totals into a monthly repayment picture for Kenneth Shuler School of Cosmetology-Florence.
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-Florence appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.9% |
| Borrowers in the cohort | 84 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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 | $5,825 |
| Middle income | $6,647 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,825 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Kenneth Shuler School of Cosmetology-Florence.
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.
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.