by our College Data Analytics TeamHere you will find what students actually borrow to attend Paul Mitchell the School Denver: 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.
For incoming students at Paul Mitchell the School Denver, 97% of first-year students take on loan debt, at roughly $10,635 per student, private and federal loans combined.
The average federally funded loan is $7,037. That is at or past the $5,500 federal first-year limit 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.
Across the full undergraduate body at Paul Mitchell the School Denver (freshmen included), 50% rely on federal student loans toward their education, for a typical $6,260 a year. This works out to 11.0% below the $7,037 typical freshmen borrow.
Repeating that yearly amount projects to about $12,520 by year two and around $25,040 by the fourth year. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 50% |
| Average federal loan per year | $6,260 |
| Undergraduates with a federal loan | 179 |
| Total federal loans (one year) | $1,120,567 |
The median student at Paul Mitchell the School Denver borrows $6,788 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,788 |
| Students who completed (graduates) | $9,783 |
| Students who withdrew | $4,632 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Paul Mitchell the School Denver.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $18,138 |
How wide this percentile range is tells you how much borrowing varies across students at Paul Mitchell the School Denver.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Paul Mitchell the School Denver.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 26 | $8,373 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Paul Mitchell the School Denver.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,212 |
| Middle income | $7,457 |
| High income | $9,667 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,262 |
| Continuing-generation students | $9,522 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,620 |
| Independent students | $6,500 |
Federal data publishes the following gap measures for Paul Mitchell the School Denver.
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.
Worth Knowing
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.