by our College Data Analytics TeamThis page focuses on the debt students take on to attend Tennessee School of Beauty of Knoxville Inc, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.
At Tennessee School of Beauty of Knoxville Inc specifically, 46% of new students use loans toward freshman-year expenses, for an average of $6,336 per borrower, covering both private and federal loans.
Federal loans alone average $6,336. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Tennessee School of Beauty of Knoxville Inc, freshmen included, 30% borrow through federal student loan programs, at an average of $6,487 in federal loans per year. That is 2.4% higher than the $6,336 freshmen take on.
Carrying that yearly figure forward comes to roughly $12,974 over two years and about $25,948 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 30% |
| Average federal loan per year | $6,487 |
| Undergraduates with a federal loan | 148 |
| Total federal loans (one year) | $960,058 |
Graduating and withdrawing students at Tennessee School of Beauty of Knoxville Inc carry a median federal debt of $5,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $6,803 |
| Students who withdrew | $4,213 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Tennessee School of Beauty of Knoxville Inc.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $13,833 |
How wide this percentile range is tells you how much borrowing varies across students at Tennessee School of Beauty of Knoxville Inc.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Tennessee School of Beauty of Knoxville Inc.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 46 | $7,413 |
The indicators below describe what the typical debt costs to pay back at Tennessee School of Beauty of Knoxville 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 Tennessee School of Beauty of Knoxville Inc appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 0% |
| Borrowers in the cohort | 0 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,308 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $6,191 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $7,308 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Tennessee School of Beauty of Knoxville Inc.
Subsidized vs. 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
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.