by our College Data Analytics TeamHere you will find what students actually borrow to attend Palm Beach Academy of Health & Beauty: 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.
Among first-year students at Palm Beach Academy of Health & Beauty, 89% of new students use loans toward freshman-year expenses, with a typical loan of $4,926 per borrower, covering both private and federal loans.
The average federal loan is $4,926, equal to roughly 89.6% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at Palm Beach Academy of Health & Beauty, 55% take out federal student loans, borrowing on average $4,926 in federal loans per year.
Repeating that yearly amount projects to about $9,852 by year two and around $19,704 across a four-year program. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 55% |
| Average federal loan per year | $4,926 |
| Undergraduates with a federal loan | 58 |
| Total federal loans (one year) | $285,694 |
The median student at Palm Beach Academy of Health & Beauty borrows $7,666 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,666 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Palm Beach Academy of Health & Beauty.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,834 |
| 25th percentile | $3,377 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Palm Beach Academy of Health & Beauty.
The indicators below describe what the typical debt costs to pay back at Palm Beach Academy of Health & Beauty.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Palm Beach Academy of Health & Beauty is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 12.5% |
| Borrowers in the cohort | 96 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
These pre-calculated indicators summarize the borrowing gaps between cohorts at Palm Beach Academy of Health & Beauty.
Subsidized and 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.