by our College Data Analytics TeamThis page focuses on the debt students take on to attend Tiffin Academy of Hair Design— 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 Tiffin Academy of Hair Design, 73% of incoming undergraduates borrow in year one, for an average of $7,734 apiece. This figure includes both private and federally funded student loans.
The average federally funded loan is $7,734. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Counting every undergraduate at Tiffin Academy of Hair Design, 69% use federal student loans to help pay for their education, for a typical $6,500 annually. This works out to 16.0% less than the $7,734 borrowed by freshmen.
Carrying that yearly figure forward comes to roughly $13,000 across two years and $26,000 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 69% |
| Average federal loan per year | $6,500 |
| Undergraduates with a federal loan | 52 |
| Total federal loans (one year) | $338,000 |
Graduating and withdrawing students at Tiffin Academy of Hair Design carry a median federal debt of $6,412 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,412 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Looking only at the median is misleading — these four percentiles describe the full debt distribution for borrowers at Tiffin Academy of Hair Design.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $9,981 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Tiffin Academy of Hair Design.
Defaulting means failing to repay a federal student loan, which carries serious credit consequences. The official Department of Education two-year default rate for Tiffin Academy of Hair Design follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 4.1% |
| Borrowers in the cohort | 48 |
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 Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,000 |
| Independent students | $5,724 |
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.
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.
References
More about our data sources and methodologies.