by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Lytles Redwood Empire Beauty College Inc— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
At Lytle’s Beauty College specifically, 39% of new students use loans toward freshman-year expenses, averaging $4,989 per borrower, covering both private and federal loans.
The typical federal loan comes to $4,989, representing 90.7% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Lytle’s Beauty College, freshmen included, 46% finance part of their studies with federal loans, at an average of $5,338 per year. This is 7.0% above the $4,989 borrowed by freshmen.
Repeating that yearly amount projects to about $10,676 across two years and $21,352 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 | 46% |
| Average federal loan per year | $5,338 |
| Undergraduates with a federal loan | 87 |
| Total federal loans (one year) | $464,386 |
Graduating and withdrawing students at Lytle’s Beauty College carry a median federal debt of $7,534 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,534 |
| Students who completed (graduates) | $8,682 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Lytle’s Beauty College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $3,666 |
| 75th percentile | $10,555 |
| 90th percentile (highest-debt students) | $13,462 |
How wide this percentile range is tells you how much borrowing varies across students at Lytle’s Beauty College.
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 Lytle’s Beauty College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 20 | $9,923 |
The indicators below describe what the typical debt costs to pay back at Lytle’s Beauty College.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Lytle’s Beauty College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.7% |
| Borrowers in the cohort | 70 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
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 | $6,333 |
| Middle income | $6,333 |
| High income | $10,555 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,778 |
| Independent students | $6,333 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Lytle’s Beauty College.
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.
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.