by our College Data Analytics TeamHere you will find what students actually borrow to attend New Concept Massage and Beauty School: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
At New Concept Massage and Beauty School, 90% of freshmen borrow to help pay for their first year, averaging $3,539 per student, private and federal loans combined.
On the federal side, the average loan is $3,539, which is 64.3% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Among all degree-seeking undergrads at New Concept Massage and Beauty School, 91% rely on federal student loans toward their education, at an average of $7,272 a year. It comes to 105.5% above the $3,539 borrowed by freshmen.
At a steady annual pace, that totals around $14,544 across two years and $29,088 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 91% |
| Average federal loan per year | $7,272 |
| Undergraduates with a federal loan | 109 |
| Total federal loans (one year) | $792,697 |
Graduating and withdrawing students at New Concept Massage and Beauty School carry a median federal debt of $5,700 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,700 |
| Students who completed (graduates) | $6,000 |
| Students who withdrew | $3,750 |
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 New Concept Massage and Beauty School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,410 |
| 25th percentile | $4,300 |
| 75th percentile | $5,433 |
| 90th percentile (highest-debt students) | $5,856 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at New Concept Massage and Beauty School.
These figures turn the debt totals into a monthly repayment picture for New Concept Massage and Beauty School.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for New Concept Massage and Beauty School is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.4% |
| Borrowers in the cohort | 92 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,700 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $5,700 |
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.