by our College Data Analytics TeamHere you will find what students actually borrow to attend Orlo School of Hair Design and Cosmetology, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Orlo School of Hair Design and Cosmetology, 61% of incoming students take out a loan to help cover first-year costs, for an average of $8,871 each, across private and federal loan sources.
Federal loans alone average $8,871. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
For undergraduates overall at Orlo School of Hair Design and Cosmetology, 54% rely on federal student loans toward their education, with a mean of $8,768 annually. That amounts to 1.2% below the first-year federal average of $8,871.
Carrying that yearly figure forward comes to roughly $17,536 over two years and about $35,072 over a four-year span. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 54% |
| Average federal loan per year | $8,768 |
| Undergraduates with a federal loan | 49 |
| Total federal loans (one year) | $429,651 |
The median student at Orlo School of Hair Design and Cosmetology borrows $5,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $6,538 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Orlo School of Hair Design and Cosmetology.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,095 |
| 75th percentile | $6,235 |
The indicators below describe what the typical debt costs to pay back at Orlo School of Hair Design and Cosmetology.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for Orlo School of Hair Design and Cosmetology appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 1.7% |
| Borrowers in the cohort | 112 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,078 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,797 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Orlo School of Hair Design and Cosmetology.
Subsidized and 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
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.