by our College Data Analytics TeamHere you will find what students actually borrow to attend Parisian Spa Institute: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Among first-year students at Parisian Spa Institute, 14% of first-year students take on loan debt, with a typical loan of $2,723 per borrower, covering both private and federal loans.
The average federally funded loan is $2,723, which is 49.5% 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.
Looking at all undergraduates at Parisian Spa Institute, freshmen included, 38% borrow through federal student loan programs, with a mean of $4,182 annually. This is 53.6% more than the freshman federal average of $2,723.
Carrying that yearly figure forward comes to roughly $8,364 by year two and around $16,728 by the fourth year. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 38% |
| Average federal loan per year | $4,182 |
| Undergraduates with a federal loan | 144 |
| Total federal loans (one year) | $602,261 |
The middle borrower at Parisian Spa Institute owes $3,167 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,167 |
| Students who completed (graduates) | $3,167 |
| Students who withdrew | $3,166 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Parisian Spa Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,834 |
| 25th percentile | $3,167 |
| 75th percentile | $6,333 |
| 90th percentile (highest-debt students) | $10,750 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Parisian Spa Institute.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Parisian Spa Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 33 | $4,500 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Parisian Spa Institute.
Borrowing varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $3,167 |
| Middle income | $3,167 |
| High income | $3,167 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,167 |
| Continuing-generation students | $3,167 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,167 |
| Independent students | $3,167 |
Federal data publishes the following gap measures for Parisian Spa Institute.
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.
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.