by our College Data Analytics TeamBelow is federal data on the loans students use to pay for Tenaj Salon Institute, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Tenaj Salon Institute, 95% of incoming students take out a loan to help cover first-year costs, borrowing on average $8,996 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $8,996. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
Looking at all undergraduates at Tenaj Salon Institute, freshmen included, 71% borrow through federal student loan programs, averaging $8,140 each per year. This is 9.5% less than the $8,996 freshmen take on.
Carrying that yearly figure forward comes to roughly $16,280 in two years and roughly $32,560 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 71% |
| Average federal loan per year | $8,140 |
| Undergraduates with a federal loan | 75 |
| Total federal loans (one year) | $610,478 |
Graduating and withdrawing students at Tenaj Salon Institute carry a median federal debt of $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $13,000 |
| 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.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Tenaj Salon Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,961 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $10,000 |
How wide this percentile range is tells you how much borrowing varies across students at Tenaj Salon Institute.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Tenaj Salon Institute.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 26 | $10,874 |
The indicators below describe what the typical debt costs to pay back at Tenaj Salon Institute.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The federal two-year cohort default rate for Tenaj Salon Institute follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.6% |
| Borrowers in the cohort | 93 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,015 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $11,534 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $13,000 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Tenaj Salon Institute.
The Difference Between Subsidized and Unsubsidized Loans
Subsidized loans pause interest while you are in school; unsubsidized loans do not. That difference compounds over four years, so the type of loan you take matters as much as the amount.
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.