by our College Data Analytics TeamHere you will find what students actually borrow to attend Metro Beauty Academy: 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 Metro Beauty Academy, 80% of incoming undergraduates borrow in year one, averaging $8,863 each — a figure that counts both private and federal student loans.
The average federal loan is $8,863. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Across the full undergraduate body at Metro Beauty Academy (freshmen included), 23% use federal student loans to help pay for their education, at an average of $5,596 a year. It comes to 36.9% under the freshman federal average of $8,863.
At a steady annual pace, that totals around $11,192 across two years and $22,384 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 23% |
| Average federal loan per year | $5,596 |
| Undergraduates with a federal loan | 58 |
| Total federal loans (one year) | $324,569 |
The middle borrower at Metro Beauty Academy owes $8,028 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,028 |
| Students who completed (graduates) | $8,028 |
| Students who withdrew | $4,750 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Metro Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,278 |
| 25th percentile | $7,389 |
| 75th percentile | $13,583 |
| 90th percentile (highest-debt students) | $13,583 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Metro Beauty Academy.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Metro Beauty Academy.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 40 | $9,279 |
The indicators below describe what the typical debt costs to pay back at Metro Beauty Academy.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Metro Beauty Academy follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 14.6% |
| Borrowers in the cohort | 130 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,542 |
| Middle income | $8,028 |
| High income | $8,028 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,028 |
| Continuing-generation students | $8,028 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,028 |
| Independent students | $13,583 |
Federal data publishes the following gap measures for Metro Beauty Academy.
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.
Did You Know?
Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.
References
More about our data sources and methodologies.