by our College Data Analytics TeamThis page focuses on the debt students take on to attend Moler-Pickens Beauty Academy— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
At Moler-Pickens Beauty Academy specifically, 95% of incoming students take out a loan to help cover first-year costs, at roughly $3,715 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $3,715, equal to roughly 67.5% 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 Moler-Pickens Beauty Academy, 62% rely on federal student loans toward their education, with a mean of $4,000 a year. This is 7.7% above the $3,715 borrowed by freshmen.
Repeating that yearly amount projects to about $8,000 by year two and around $16,000 by the fourth year. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 62% |
| Average federal loan per year | $4,000 |
| Undergraduates with a federal loan | 73 |
| Total federal loans (one year) | $292,000 |
Graduating and withdrawing students at Moler-Pickens Beauty Academy carry a median federal debt of $4,889 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $4,889 |
| Students who completed (graduates) | $6,312 |
| 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.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Moler-Pickens Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
The indicators below describe what the typical debt costs to pay back at Moler-Pickens Beauty Academy.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for Moler-Pickens Beauty Academy follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 17.0% |
| Borrowers in the cohort | 41 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Subsidized vs. Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Important to Remember
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.