by our College Data Analytics TeamThis page focuses on the debt students take on to attend Texas Barber College, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
At Texas Barber College, 74% of incoming undergraduates borrow in year one, for an average of $6,515 apiece. This figure includes both private and federally funded student loans.
Federal loans alone average $6,515. 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.
Among all degree-seeking undergrads at Texas Barber College, 90% borrow through federal student loan programs, averaging $3,835 annually. That is 41.1% below the $6,515 freshmen take on.
Repeating that yearly amount projects to about $7,670 by year two and around $15,340 by the fourth year. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 90% |
| Average federal loan per year | $3,835 |
| Undergraduates with a federal loan | 805 |
| Total federal loans (one year) | $3,087,507 |
The middle borrower at Texas Barber College owes $9,500 in federal borrowing.
| 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 Texas Barber College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,029 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,750 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Texas Barber College.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Texas Barber College.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 37 | $4,257 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Texas Barber College.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. Two-year cohort default-rate data for Texas Barber College follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 15.6% |
| Borrowers in the cohort | 964 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,733 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,680 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
Federal data publishes the following gap measures for Texas Barber College.
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.
Did You Know?
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.