by our College Data Analytics TeamThis page focuses on the debt students take on to attend South Hills Beauty Academy Inc— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at South Hills Beauty Academy Inc, 49% of incoming undergraduates borrow in year one, averaging $7,263 per borrower, covering both private and federal loans.
The average federally funded loan is $7,032. This reaches or tops the $5,500 first-year federal borrowing cap 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.
Across the full undergraduate body at South Hills Beauty Academy Inc (freshmen included), 19% take out federal student loans, borrowing on average $7,032 per year.
At a steady annual pace, that totals around $14,064 over two years and about $28,128 across a four-year program. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 19% |
| Average federal loan per year | $7,032 |
| Undergraduates with a federal loan | 94 |
| Total federal loans (one year) | $660,996 |
Graduating and withdrawing students at South Hills Beauty Academy Inc carry a median federal debt of $3,431 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $3,431 |
| Students who completed (graduates) | $3,431 |
| Students who withdrew | $2,959 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at South Hills Beauty Academy Inc.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,986 |
| 25th percentile | $3,167 |
| 75th percentile | $5,500 |
| 90th percentile (highest-debt students) | $9,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at South Hills Beauty Academy Inc.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for South Hills Beauty Academy Inc.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 83 | $7,778 |
These figures turn the debt totals into a monthly repayment picture for South Hills Beauty Academy Inc.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The official Department of Education two-year default rate for South Hills Beauty Academy Inc follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.4% |
| Borrowers in the cohort | 95 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $3,431 |
| Middle income | $3,431 |
| High income | $1,986 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,431 |
| Continuing-generation students | $3,431 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $1,986 |
| Independent students | $3,431 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at South Hills Beauty Academy Inc.
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.
Worth Knowing
Declaring bankruptcy does not erase federal student loan debt. If you stop paying, the federal government can garnish a portion of your wages until the loans are repaid.
References
More about our data sources and methodologies.