by our College Data Analytics TeamHere you will find what students actually borrow to attend Kenny’s Academy of Barbering: 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.
Among first-year students at Kenny’s Academy of Barbering, 24% of new students use loans toward freshman-year expenses, averaging $5,448 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $5,448, which is 99.1% of the typical first-year dependent student borrowing cap of $5,500. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Counting every undergraduate at Kenny’s Academy of Barbering, 34% rely on federal student loans toward their education, for a typical $6,164 in federal loans per year. This is 13.1% more than the first-year federal average of $5,448.
Borrowing the same amount each year would add up to roughly $12,328 by year two and around $24,656 across a four-year program. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 34% |
| Average federal loan per year | $6,164 |
| Undergraduates with a federal loan | 86 |
| Total federal loans (one year) | $530,128 |
The middle borrower at Kenny’s Academy of Barbering owes $9,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $16,500 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Repayment burden translates the debt figures into what a borrower actually pays each month. Kenny’s Academy of Barbering.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,250 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Kenny’s Academy of Barbering.
Subsidized vs. 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.
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.