by our College Data Analytics TeamThis page focuses on the debt students take on to attend Marketti Academy of Cosmetology— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
For incoming students at Marketti Academy of Cosmetology, 19% of freshmen borrow to help pay for their first year, at roughly $4,193 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $4,193, amounting to 76.2% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
For undergraduates overall at Marketti Academy of Cosmetology, 20% rely on federal student loans toward their education, borrowing on average $4,097 a year. It comes to 2.3% less than the first-year federal average of $4,193.
At a steady annual pace, that totals around $8,194 in two years and roughly $16,388 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 | 20% |
| Average federal loan per year | $4,097 |
| Undergraduates with a federal loan | 18 |
| Total federal loans (one year) | $73,746 |
The median student at Marketti Academy of Cosmetology borrows $7,081 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,081 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Marketti Academy of Cosmetology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,306 |
| 75th percentile | $8,500 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Marketti Academy of Cosmetology.
Subsidized vs. 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.