by our College Data Analytics TeamThis page focuses on the debt students take on to attend Sharp Edgez Barber Institute— 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.
At Sharp Edgez Barber Institute specifically, 80% of new students use loans toward freshman-year expenses, with a typical loan of $5,627 per student, private and federal loans combined.
On the federal side, the average loan is $5,627. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at Sharp Edgez Barber Institute, 74% finance part of their studies with federal loans, for a typical $3,039 a year. This works out to 46.0% smaller than the first-year federal average of $5,627.
Borrowing the same amount each year would add up to roughly $6,078 after two years and $12,156 over a four-year span. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 74% |
| Average federal loan per year | $3,039 |
| Undergraduates with a federal loan | 92 |
| Total federal loans (one year) | $279,631 |
The median student at Sharp Edgez Barber Institute borrows $5,426 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,426 |
| Students who completed (graduates) | $5,476 |
| Students who withdrew | $2,914 |
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 Sharp Edgez Barber Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,520 |
| 25th percentile | $4,523 |
| 75th percentile | $6,333 |
| 90th percentile (highest-debt students) | $6,333 |
How wide this percentile range is tells you how much borrowing varies across students at Sharp Edgez Barber Institute.
The indicators below describe what the typical debt costs to pay back at Sharp Edgez Barber Institute.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,426 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,665 |
| Independent students | $5,476 |
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.