by our College Data Analytics TeamThis page focuses on the debt students take on to attend Paul Mitchell the School Roanoke, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at Paul Mitchell the School Roanoke, 98% of incoming undergraduates borrow in year one, for an average of $11,539 each — a figure that counts both private and federal student loans.
The average federal loan is $8,395. 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.
For undergraduates overall at Paul Mitchell the School Roanoke, 71% borrow through federal student loan programs, at an average of $7,810 annually. That is 7.0% under the $8,395 typical freshmen borrow.
At a steady annual pace, that totals around $15,620 across two years and $31,240 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 71% |
| Average federal loan per year | $7,810 |
| Undergraduates with a federal loan | 142 |
| Total federal loans (one year) | $1,109,032 |
Graduating and withdrawing students at Paul Mitchell the School Roanoke carry a median federal debt of $9,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $9,833 |
| 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.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Paul Mitchell the School Roanoke.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,357 |
| 25th percentile | $4,750 |
| 75th percentile | $13,913 |
| 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 Roanoke.
Repayment burden translates the debt figures into what a borrower actually pays each month. Paul Mitchell the School Roanoke.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Paul Mitchell the School Roanoke follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 22.4% |
| Borrowers in the cohort | 58 |
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.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,691 |
| Independent students | $9,500 |
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.
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.