by our College Data Analytics TeamThis page focuses on the debt students take on to attend The Salon Professional Academy - Appleton— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. The data below is drawn directly from federal sources.
At TSPA - Appleton specifically, 49% of incoming undergraduates borrow in year one, at roughly $6,695 per borrower, covering both private and federal loans.
On the federal side, the average loan is $6,459. 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 TSPA - Appleton (freshmen included), 47% take out federal student loans, at an average of $6,797 in federal loans per year. It comes to 5.2% greater than the $6,459 freshmen take on.
Borrowing at that rate every year works out to about $13,594 by year two and around $27,188 after four. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 47% |
| Average federal loan per year | $6,797 |
| Undergraduates with a federal loan | 60 |
| Total federal loans (one year) | $407,804 |
The median student at TSPA - Appleton borrows $8,750 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $8,750 |
| Students who completed (graduates) | $9,991 |
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at TSPA - Appleton.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $8,500 |
| 75th percentile | $13,999 |
These figures turn the debt totals into a monthly repayment picture for TSPA - Appleton.
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 TSPA - Appleton appears below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.3% |
| Borrowers in the cohort | 47 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,568 |
| Middle income | $11,255 |
| High income | $9,371 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,522 |
| Independent students | $6,333 |
Federal data publishes the following gap measures for TSPA - Appleton.
The Difference Between 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.
Worth Knowing
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.