by our College Data Analytics TeamHere you will find what students actually borrow to attend Texas College of Cosmetology-San Angelo: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
At Texas College of Cosmetology-San Angelo specifically, 95% of incoming undergraduates borrow in year one, with a typical loan of $5,906 each, across private and federal loan sources.
The average federally funded loan is $5,906. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Across the full undergraduate body at Texas College of Cosmetology-San Angelo (freshmen included), 91% finance part of their studies with federal loans, with a mean of $4,641 annually. This is 21.4% less than the $5,906 borrowed by freshmen.
Borrowing the same amount each year would add up to roughly $9,282 across two years and $18,564 by the fourth year. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 91% |
| Average federal loan per year | $4,641 |
| Undergraduates with a federal loan | 131 |
| Total federal loans (one year) | $607,925 |
The median student at Texas College of Cosmetology-San Angelo borrows $5,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $3,394 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
These figures turn the debt totals into a monthly repayment picture for Texas College of Cosmetology-San Angelo.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. Two-year cohort default-rate data for Texas College of Cosmetology-San Angelo appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 26.0% |
| Borrowers in the cohort | 73 |
This rate follows a borrower cohort from the start of repayment through the two-year window the Department of Education uses.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| 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 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Texas College of Cosmetology-San Angelo.
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.
Important to Remember
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.