by our College Data Analytics TeamHere you will find what students actually borrow to attend Long Island Nail Skin & Hair Institute, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Long Island Nail Skin & Hair Institute specifically, 37% of incoming undergraduates borrow in year one, with a typical loan of $4,658 per student, private and federal loans combined.
The typical federal loan comes to $4,658, equal to roughly 84.7% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Counting every undergraduate at Long Island Nail Skin & Hair Institute, 24% finance part of their studies with federal loans, averaging $4,812 a year. That amounts to 3.3% higher than the $4,658 freshmen take on.
Repeating that yearly amount projects to about $9,624 by year two and around $19,248 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 24% |
| Average federal loan per year | $4,812 |
| Undergraduates with a federal loan | 110 |
| Total federal loans (one year) | $529,312 |
Graduating and withdrawing students at Long Island Nail Skin & Hair Institute carry a median federal debt of $5,319 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,319 |
| Students who completed (graduates) | $5,611 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Long Island Nail Skin & Hair Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $3,666 |
| 75th percentile | $6,333 |
| 90th percentile (highest-debt students) | $6,333 |
How wide this percentile range is tells you how much borrowing varies across students at Long Island Nail Skin & Hair Institute.
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 Long Island Nail Skin & Hair Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 19 | $10,000 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Long Island Nail Skin & Hair Institute.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,623 |
| Middle income | $4,475 |
| High income | $3,666 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,475 |
| Continuing-generation students | $3,666 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $5,723 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Long Island Nail Skin & Hair Institute.
Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
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.