by our College Data Analytics TeamThis page focuses on the debt students take on to attend Paul Mitchell the School Colorado Springs: 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 Paul Mitchell the School Colorado Springs specifically, 79% of new students use loans toward freshman-year expenses, for an average of $7,033 each — a figure that counts both private and federal student loans.
The average federally funded loan is $7,033. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
For undergraduates overall at Paul Mitchell the School Colorado Springs, 54% take out federal student loans, borrowing on average $7,028 per year. That amounts to 0.1% below the $7,033 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $14,056 across two years and $28,112 by the fourth year. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 54% |
| Average federal loan per year | $7,028 |
| Undergraduates with a federal loan | 153 |
| Total federal loans (one year) | $1,075,213 |
The middle borrower at Paul Mitchell the School Colorado Springs owes $6,333 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $7,667 |
| 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.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Paul Mitchell the School Colorado Springs.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,551 |
| 25th percentile | $4,175 |
| 75th percentile | $12,500 |
| 90th percentile (highest-debt students) | $17,100 |
How wide this percentile range is tells you how much borrowing varies across students at Paul Mitchell the School Colorado Springs.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Paul Mitchell the School Colorado Springs.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 26 | $7,680 |
These figures turn the debt totals into a monthly repayment picture for Paul Mitchell the School Colorado Springs.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Paul Mitchell the School Colorado Springs appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.3% |
| Borrowers in the cohort | 26 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $5,917 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $5,933 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Paul Mitchell the School Colorado Springs.
Subsidized and 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.