by our College Data Analytics TeamThis page focuses on the debt students take on to attend The Institute of Beauty and Wellness: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. The data below is drawn directly from federal sources.
Looking at the entering class at The Institute of Beauty and Wellness, 70% of incoming students take out a loan to help cover first-year costs, averaging $7,378 per student, private and federal loans combined.
Federal loans alone average $7,207. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Across the full undergraduate body at The Institute of Beauty and Wellness (freshmen included), 75% finance part of their studies with federal loans, averaging $8,516 annually. It comes to 18.2% higher than the freshman federal average of $7,207.
Repeating that yearly amount projects to about $17,032 after two years and $34,064 after four. These figures assume identical federal borrowing each year and omit private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 75% |
| Average federal loan per year | $8,516 |
| Undergraduates with a federal loan | 274 |
| Total federal loans (one year) | $2,333,415 |
The median student at The Institute of Beauty and Wellness borrows $6,333 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $6,333 |
| Students who withdrew | $3,166 |
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 The Institute of Beauty and Wellness.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,584 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $17,451 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at The Institute of Beauty and Wellness.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at The Institute of Beauty and Wellness.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 71 | $8,816 |
Repayment burden translates the debt figures into what a borrower actually pays each month. The Institute of Beauty and Wellness.
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 The Institute of Beauty and Wellness appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.6% |
| Borrowers in the cohort | 106 |
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.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $6,333 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $7,917 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
Federal data publishes the following gap measures for The Institute of Beauty and Wellness.
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.
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.