by our College Data Analytics TeamThis page focuses on the debt students take on to attend Lancaster School of Cosmetology & Therapeutic Bodywork: 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.
For incoming students at Lancaster School of Cosmetology & Therapeutic Bodywork, 54% of first-year students take on loan debt, averaging $5,834 per student, private and federal loans combined.
The average federally funded loan is $5,834. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Among all degree-seeking undergrads at Lancaster School of Cosmetology & Therapeutic Bodywork, 48% borrow through federal student loan programs, averaging $3,484 a year. This is 40.3% lower than the freshman federal average of $5,834.
Borrowing at that rate every year works out to about $6,968 by year two and around $13,936 over a four-year span. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 48% |
| Average federal loan per year | $3,484 |
| Undergraduates with a federal loan | 193 |
| Total federal loans (one year) | $672,475 |
The median student at Lancaster School of Cosmetology & Therapeutic Bodywork borrows $3,167 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,167 |
| Students who completed (graduates) | $3,167 |
| Students who withdrew | $2,750 |
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 Lancaster School of Cosmetology & Therapeutic Bodywork.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,583 |
| 25th percentile | $2,626 |
| 75th percentile | $6,667 |
| 90th percentile (highest-debt students) | $9,500 |
How wide this percentile range is tells you how much borrowing varies across students at Lancaster School of Cosmetology & Therapeutic Bodywork.
These figures turn the debt totals into a monthly repayment picture for Lancaster School of Cosmetology & Therapeutic Bodywork.
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 Lancaster School of Cosmetology & Therapeutic Bodywork appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.1% |
| Borrowers in the cohort | 120 |
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 | $3,167 |
| Middle income | $3,167 |
| High income | $3,972 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,167 |
| Continuing-generation students | $3,167 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $3,167 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Lancaster School of Cosmetology & Therapeutic Bodywork.
Subsidized and 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.
Important to Remember
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.