by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Paul Mitchell the School Normal, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
Among first-year students at Paul Mitchell the School Normal, 62% of incoming undergraduates borrow in year one, borrowing on average $6,716 apiece. This figure includes both private and federally funded student loans.
The average federal loan is $6,716. That is at or past the $5,500 federal first-year limit for the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
Counting every undergraduate at Paul Mitchell the School Normal, 38% borrow through federal student loan programs, averaging $5,938 annually. This works out to 11.6% under the first-year federal average of $6,716.
Carrying that yearly figure forward comes to roughly $11,876 in two years and roughly $23,752 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 | 38% |
| Average federal loan per year | $5,938 |
| Undergraduates with a federal loan | 40 |
| Total federal loans (one year) | $237,517 |
The median student at Paul Mitchell the School Normal borrows $9,833 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,833 |
| Students who completed (graduates) | $9,833 |
| Students who withdrew | $5,125 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Paul Mitchell the School Normal.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,333 |
| 25th percentile | $6,650 |
| 75th percentile | $16,500 |
| 90th percentile (highest-debt students) | $16,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Paul Mitchell the School Normal.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Paul Mitchell the School Normal.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 41 | $8,576 |
These figures turn the debt totals into a monthly repayment picture for Paul Mitchell the School Normal.
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 Normal appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 9.0% |
| Borrowers in the cohort | 44 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
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 | $9,833 |
| Middle income | $9,833 |
| High income | $9,833 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $9,833 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,833 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Paul Mitchell the School Normal.
Subsidized vs. Unsubsidized Loans
Unsubsidized federal student loans accrue interest every month — even while you are still enrolled. Unless you pay that interest as it builds, the balance you owe at graduation can be noticeably higher than the amount you originally borrowed.
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.