by our College Data Analytics TeamThis page focuses on the debt students take on to attend Latin Beauty Academy, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
For incoming students at Latin Beauty Academy, 48% of freshmen borrow to help pay for their first year, with a typical loan of $7,943 each, across private and federal loan sources.
Federal loans alone average $7,943. 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.
Among all degree-seeking undergrads at Latin Beauty Academy, 37% take out federal student loans, borrowing on average $7,124 a year. This works out to 10.3% lower than the $7,943 freshmen take on.
Borrowing at that rate every year works out to about $14,248 after two years and $28,496 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 37% |
| Average federal loan per year | $7,124 |
| Undergraduates with a federal loan | 162 |
| Total federal loans (one year) | $1,154,159 |
The median student at Latin Beauty Academy borrows $6,334 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,334 |
| Students who completed (graduates) | $7,333 |
| Students who withdrew | $3,660 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Latin Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $11,168 |
The indicators below describe what the typical debt costs to pay back at Latin Beauty Academy.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,333 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,886 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Latin Beauty Academy.
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?
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.