by our College Data Analytics TeamHere you will find what students actually borrow to attend Long Island Beauty School-Hauppauge: 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.
Looking at the entering class at Long Island Beauty School-Hauppauge, 89% of freshmen borrow to help pay for their first year, averaging $8,358 each — a figure that counts both private and federal student loans.
Federal loans alone average $5,492, amounting to 99.9% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Looking at all undergraduates at Long Island Beauty School-Hauppauge, freshmen included, 25% rely on federal student loans toward their education, borrowing on average $6,502 annually. This is 18.4% larger than the $5,492 freshmen take on.
At a steady annual pace, that totals around $13,004 by year two and around $26,008 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 25% |
| Average federal loan per year | $6,502 |
| Undergraduates with a federal loan | 86 |
| Total federal loans (one year) | $559,130 |
The median student at Long Island Beauty School-Hauppauge borrows $5,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $5,500 |
| Students who withdrew | $3,635 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Long Island Beauty School-Hauppauge.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,586 |
| 25th percentile | $5,464 |
| 75th percentile | $8,400 |
| 90th percentile (highest-debt students) | $9,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Long Island Beauty School-Hauppauge.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Long Island Beauty School-Hauppauge.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 27 | $8,086 |
These figures turn the debt totals into a monthly repayment picture for Long Island Beauty School-Hauppauge.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Long Island Beauty School-Hauppauge is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.5% |
| Borrowers in the cohort | 210 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $5,500 |
| High income | $5,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,485 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Long Island Beauty School-Hauppauge.
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
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.