by our College Data Analytics TeamThis page focuses on the debt students take on to attend Texas College of Cosmetology-Abilene— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
At Texas College of Cosmetology-Abilene specifically, 77% of first-year students take on loan debt, with a typical loan of $5,325 each, across private and federal loan sources.
The typical federal loan comes to $5,325, representing 96.8% of the $5,500 cap on first-year federal borrowing for the typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Texas College of Cosmetology-Abilene, freshmen included, 61% borrow through federal student loan programs, with a mean of $4,096 annually. That amounts to 23.1% smaller than the freshman federal average of $5,325.
Repeating that yearly amount projects to about $8,192 by year two and around $16,384 across a four-year program. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 61% |
| Average federal loan per year | $4,096 |
| Undergraduates with a federal loan | 104 |
| Total federal loans (one year) | $425,968 |
Graduating and withdrawing students at Texas College of Cosmetology-Abilene carry a median federal debt of $5,500 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $3,394 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
The indicators below describe what the typical debt costs to pay back at Texas College of Cosmetology-Abilene.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Texas College of Cosmetology-Abilene is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 26.0% |
| Borrowers in the cohort | 73 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
Borrowing varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,078 |
| Middle income | $4,583 |
| High income | $4,583 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,583 |
| Independent students | $7,499 |
Federal data publishes the following gap measures for Texas College of Cosmetology-Abilene.
Subsidized vs. 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.
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.