The Salon Professional Academy - Delray Beach Student Debt & Borrowing

This page focuses on the debt students take on to attend The Salon Professional Academy - Delray Beach, including completion-adjusted borrowing and a standard repayment estimate. The data below is drawn directly from federal sources.

How Much Students Borrow
How Debt Is Distributed
Total Borrowing Including PLUS Loans
Repayment Burden
Student Loan Default Rates
Who Borrows the Most
Debt Equity Indicators
Understanding Student Loans
References

Median Student Borrowing for The Salon Professional Academy - Delray Beach

The middle borrower at TSPA - Delray Beach owes $6,333 in federal student loans.

Borrower group	Median federal debt
All federal borrowers	$6,333
Students who completed (graduates)	$7,528
Students who withdrew	$4,750

Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.

How Debt Is Distributed Across Students

Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at TSPA - Delray Beach.

Percentile	Cumulative Federal Debt
10th percentile (lowest-debt students)	$2,750
25th percentile	$4,750
75th percentile	$13,000
90th percentile (highest-debt students)	$13,000

How wide this percentile range is tells you how much borrowing varies across students at TSPA - Delray Beach.

Total Borrowing Including PLUS Loans at The Salon Professional Academy - Delray Beach

PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at TSPA - Delray Beach.

Group	Borrowers	Median debt incl. PLUS
All borrowers	22	$8,195

What It Costs to Repay at The Salon Professional Academy - Delray Beach

These figures turn the debt totals into a monthly repayment picture for TSPA - Delray Beach.

Standard-plan monthly payment: $79.81/mo assuming the standard 10-year federal plan
Debt burden category: Very Low (<$10k)
Debt spread across cohorts: approximately $10,250 between the lowest- and highest-debt typical-borrower cohort

How Often Borrowers Default at The Salon Professional Academy - Delray Beach

Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The federal two-year cohort default rate for TSPA - Delray Beach appears below.

Metric	Value
2-year cohort default rate	14.1%
Borrowers in the cohort	78

The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.

How Borrowing Varies by Student Group at The Salon Professional Academy - Delray Beach

Borrowing varies by family income, by first-generation status, and by dependency status.

Borrowing by Income Tier

Income tier	Median federal debt
Low income	$6,333
Middle income	$5,234
High income	$6,087

First-Gen vs Continuing-Gen Borrowing

Cohort	Median federal debt
First-generation students	$6,224
Continuing-generation students	$7,667

By Dependency Status

Cohort	Median federal debt
Dependent students	$5,870
Independent students	$6,333

Debt Equity Indicators at The Salon Professional Academy - Delray Beach

These pre-calculated indicators summarize the borrowing gaps between cohorts at TSPA - Delray Beach.

Pell-recipient debt differential: $3,417
First-gen vs continuing-gen differential: $-1,443
Difference between income tiers: $246
Female-vs-male debt gap: $-1,195
Pell inequity indicator: Yes — Pell-recipient debt outcomes exceed federal thresholds here

Understanding Student Loans

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.

Did You Know?

Unlike most other debt, federal student loans generally survive bankruptcy — and unpaid balances can lead to wage garnishment — so borrow only what you truly need.

External Resources

References

More about our data sources and methodologies.