by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Kenneth Shuler School of Cosmetology-Rock Hill, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
At Kenneth Shuler School of Cosmetology-Rock Hill specifically, 77% of first-year students take on loan debt, averaging $5,767 per student, private and federal loans combined.
Federal loans alone average $5,767. That sits at or beyond the $5,500 first-year federal limit 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 Kenneth Shuler School of Cosmetology-Rock Hill (freshmen included), 55% rely on federal student loans toward their education, borrowing on average $5,866 annually. That is 1.7% higher than the $5,767 typical freshmen borrow.
At a steady annual pace, that totals around $11,732 by year two and around $23,464 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 55% |
| Average federal loan per year | $5,866 |
| Undergraduates with a federal loan | 186 |
| Total federal loans (one year) | $1,091,084 |
The median student at Kenneth Shuler School of Cosmetology-Rock Hill borrows $5,724 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,724 |
| Students who completed (graduates) | $6,333 |
| 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.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Kenneth Shuler School of Cosmetology-Rock Hill.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,987 |
| 25th percentile | $4,785 |
| 75th percentile | $10,912 |
| 90th percentile (highest-debt students) | $13,627 |
How wide this percentile range is tells you how much borrowing varies across students at Kenneth Shuler School of Cosmetology-Rock Hill.
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-Rock Hill.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 121 | $6,368 |
| Completed (graduates) | 82 | $6,603 |
| Did not complete | 39 | $5,842 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $78.52/mo.
These figures turn the debt totals into a monthly repayment picture for Kenneth Shuler School of Cosmetology-Rock Hill.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Kenneth Shuler School of Cosmetology-Rock Hill follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 7.2% |
| Borrowers in the cohort | 111 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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 | $5,825 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,724 |
| Continuing-generation students | $5,893 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $5,842 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Kenneth Shuler School of Cosmetology-Rock Hill.
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.
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.