by our College Data Analytics TeamThis page focuses on the debt students take on to attend Studio Beauty School— 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.
For incoming students at Studio Beauty School, 57% of freshmen borrow to help pay for their first year, at roughly $5,512 each, across private and federal loan sources.
Federal loans alone average $5,512. This is at or above the $5,500 first-year federal borrowing cap that applies to 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.
For undergraduates overall at Studio Beauty School, 49% rely on federal student loans toward their education, borrowing on average $5,802 in federal loans per year. This is 5.3% larger than the $5,512 freshmen take on.
Repeating that yearly amount projects to about $11,604 over two years and about $23,208 over four years. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 49% |
| Average federal loan per year | $5,802 |
| Undergraduates with a federal loan | 94 |
| Total federal loans (one year) | $545,393 |
The median student at Studio Beauty School borrows $6,333 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,582 |
| Students who withdrew | $3,958 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Studio Beauty School.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,584 |
| 75th percentile | $9,000 |
These figures turn the debt totals into a monthly repayment picture for Studio Beauty School.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,917 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,158 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,584 |
| Independent students | $7,917 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Studio Beauty School.
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?
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.