by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Paul Mitchell the School East Bay: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Looking at the entering class at Paul Mitchell the School East Bay, 63% of incoming students take out a loan to help cover first-year costs, averaging $6,312 apiece. This figure includes both private and federally funded student loans.
The typical federal loan comes to $6,312. 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.
Counting every undergraduate at Paul Mitchell the School East Bay, 50% rely on federal student loans toward their education, averaging $5,161 a year. It comes to 18.2% lower than the freshman federal average of $6,312.
Borrowing at that rate every year works out to about $10,322 over two years and about $20,644 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 | $5,161 |
| Undergraduates with a federal loan | 173 |
| Total federal loans (one year) | $892,922 |
The median student at Paul Mitchell the School East Bay borrows $10,513 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $10,513 |
| Students who completed (graduates) | $13,083 |
| Students who withdrew | $5,236 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Paul Mitchell the School East Bay.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $5,548 |
| 75th percentile | $17,667 |
| 90th percentile (highest-debt students) | $17,667 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Paul Mitchell the School East Bay.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Paul Mitchell the School East Bay.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 42 | $10,600 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Paul Mitchell the School East Bay.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Paul Mitchell the School East Bay appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.6% |
| Borrowers in the cohort | 15 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,297 |
| Middle income | $10,522 |
| High income | $10,556 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,547 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,512 |
| Independent students | $12,279 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Paul Mitchell the School East Bay.
Subsidized vs. 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.
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.