by our College Data Analytics TeamThis page focuses on the debt students take on to attend P&A Scholars Beauty School: 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 P&A Scholars specifically, 100% of incoming undergraduates borrow in year one, for an average of $7,835 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $7,835. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. 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 P&A Scholars, 43% take out federal student loans, borrowing on average $4,701 per year. That amounts to 40.0% smaller than the $7,835 borrowed by freshmen.
Repeating that yearly amount projects to about $9,402 across two years and $18,804 over four years. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 43% |
| Average federal loan per year | $4,701 |
| Undergraduates with a federal loan | 100 |
| Total federal loans (one year) | $470,100 |
The median student at P&A Scholars borrows $6,333 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,333 |
| 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 P&A Scholars.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $13,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at P&A Scholars.
These figures turn the debt totals into a monthly repayment picture for P&A Scholars.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for P&A Scholars follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.3% |
| Borrowers in the cohort | 149 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
Subsidized vs. Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
Worth Knowing
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.