by our College Data Analytics TeamHere you will find what students actually borrow to attend Salon Institute-Toledo Campus: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Salon Institute-Toledo Campus, 77% of first-year students take on loan debt, at roughly $6,473 each, across private and federal loan sources.
The average federal loan is $6,473. 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.
Across the full undergraduate body at Salon Institute-Toledo Campus (freshmen included), 53% rely on federal student loans toward their education, with a mean of $9,803 per year. This works out to 51.4% above the freshman federal average of $6,473.
Borrowing at that rate every year works out to about $19,606 over two years and about $39,212 by the fourth year. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 53% |
| Average federal loan per year | $9,803 |
| Undergraduates with a federal loan | 110 |
| Total federal loans (one year) | $1,078,293 |
Graduating and withdrawing students at Salon Institute-Toledo Campus carry a median federal debt of $9,833 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,833 |
| Students who completed (graduates) | $12,000 |
| Students who withdrew | $3,542 |
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 Salon Institute-Toledo Campus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $7,912 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $20,000 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Salon Institute-Toledo Campus.
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 Salon Institute-Toledo Campus.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 19 | $11,000 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Salon Institute-Toledo Campus.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,584 |
| Middle income | $10,417 |
| High income | $12,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,833 |
| Continuing-generation students | $12,000 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,000 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Salon Institute-Toledo Campus.
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.
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.