by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Paul Mitchell the School-Fort Lauderdale— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
At Paul Mitchell the School-Fort Lauderdale, 74% of incoming students take out a loan to help cover first-year costs, borrowing on average $9,007 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $9,007. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Across the full undergraduate body at Paul Mitchell the School-Fort Lauderdale (freshmen included), 65% finance part of their studies with federal loans, for a typical $6,594 each per year. That amounts to 26.8% below the freshman federal average of $9,007.
Repeating that yearly amount projects to about $13,188 by year two and around $26,376 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 | 65% |
| Average federal loan per year | $6,594 |
| Undergraduates with a federal loan | 80 |
| Total federal loans (one year) | $527,513 |
Graduating and withdrawing students at Paul Mitchell the School-Fort Lauderdale carry a median federal debt of $6,492 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,492 |
| Students who completed (graduates) | $6,650 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Paul Mitchell the School-Fort Lauderdale.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,722 |
| 75th percentile | $7,984 |
| 90th percentile (highest-debt students) | $10,667 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Paul Mitchell the School-Fort Lauderdale.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Paul Mitchell the School-Fort Lauderdale.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 37 | $8,651 |
The indicators below describe what the typical debt costs to pay back at Paul Mitchell the School-Fort Lauderdale.
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 | $6,492 |
| Middle income | $5,774 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,492 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,742 |
Federal data publishes the following gap measures for Paul Mitchell the School-Fort Lauderdale.
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.
Did You Know?
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.