by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Profile Institute of Barber-Styling, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Profile, 96% of first-year students take on loan debt, at roughly $7,784 per borrower, covering both private and federal loans.
The typical federal loan comes to $7,784. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Among all degree-seeking undergrads at Profile, 78% borrow through federal student loan programs, with a mean of $8,669 in federal loans per year. That amounts to 11.4% higher than the freshman federal average of $7,784.
Borrowing at that rate every year works out to about $17,338 across two years and $34,676 by the fourth year. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 78% |
| Average federal loan per year | $8,669 |
| Undergraduates with a federal loan | 35 |
| Total federal loans (one year) | $303,415 |
The middle borrower at Profile owes $16,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $16,500 |
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Profile.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $9,500 |
| 75th percentile | $16,500 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Profile.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Profile is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 35.7% |
| Borrowers in the cohort | 24 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The Difference Between Subsidized and 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.
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.