by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Rivertown School of Beauty Barber Skin Care and Nails— 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.
Among first-year students at Rivertown School of Beauty Barber Skin Care and Nails, 97% of incoming students take out a loan to help cover first-year costs, averaging $9,116 each, across private and federal loan sources.
On the federal side, the average loan is $9,116. 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.
For undergraduates overall at Rivertown School of Beauty Barber Skin Care and Nails, 94% take out federal student loans, at an average of $6,210 annually. This works out to 31.9% lower than the $9,116 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $12,420 after two years and $24,840 over a four-year span. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 94% |
| Average federal loan per year | $6,210 |
| Undergraduates with a federal loan | 229 |
| Total federal loans (one year) | $1,421,987 |
The middle borrower at Rivertown School of Beauty Barber Skin Care and Nails owes $6,333 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $9,500 |
| 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.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Rivertown School of Beauty Barber Skin Care and Nails.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,234 |
| 25th percentile | $3,631 |
| 75th percentile | $6,850 |
| 90th percentile (highest-debt students) | $9,500 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Rivertown School of Beauty Barber Skin Care and Nails.
The indicators below describe what the typical debt costs to pay back at Rivertown School of Beauty Barber Skin Care and Nails.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Rivertown School of Beauty Barber Skin Care and Nails is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 1.1% |
| Borrowers in the cohort | 88 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $8,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Rivertown School of Beauty Barber Skin Care and Nails.
The Difference Between Subsidized and 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.