by our College Data Analytics TeamHere you will find what students actually borrow to attend Louisiana Academy of Beauty: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. These figures are reported by the Department of Education and IPEDS.
At Louisiana Academy of Beauty, 0% of first-year students take on loan debt.
Looking at all undergraduates at Louisiana Academy of Beauty, freshmen included, 19% use federal student loans to help pay for their education, for a typical $3,136 per year.
Borrowing the same amount each year would add up to roughly $6,272 after two years and $12,544 across a four-year program. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 19% |
| Average federal loan per year | $3,136 |
| Undergraduates with a federal loan | 8 |
| Total federal loans (one year) | $25,084 |
The median student at Louisiana Academy of Beauty borrows $5,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Louisiana Academy of Beauty.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $5,500 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Louisiana Academy of Beauty.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Louisiana Academy of Beauty is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 31.5% |
| Borrowers in the cohort | 38 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
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.
Worth Knowing
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.