by our College Data Analytics TeamHere you will find what students actually borrow to attend Tricoci University of Beauty Culture-Danville: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Tricoci Danville, 88% of incoming students take out a loan to help cover first-year costs, for an average of $7,901 each, across private and federal loan sources.
The typical federal loan comes to $6,860. That sits at or beyond the $5,500 first-year federal limit for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Counting every undergraduate at Tricoci Danville, 70% rely on federal student loans toward their education, at an average of $7,124 per year. That amounts to 3.8% above the $6,860 freshmen take on.
Repeating that yearly amount projects to about $14,248 by year two and around $28,496 after four. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 70% |
| Average federal loan per year | $7,124 |
| Undergraduates with a federal loan | 215 |
| Total federal loans (one year) | $1,531,672 |
Graduating and withdrawing students at Tricoci Danville carry a median federal debt of $7,307 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,307 |
| Students who completed (graduates) | $9,000 |
| Students who withdrew | $3,877 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Tricoci Danville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,357 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $12,349 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Tricoci Danville.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Tricoci Danville.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 30 | $9,080 |
These figures turn the debt totals into a monthly repayment picture for Tricoci Danville.
A loan default — failing to keep up with federal student-loan payments — is one of the worst financial outcomes a borrower can face. The official Department of Education two-year default rate for Tricoci Danville follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 25.0% |
| Borrowers in the cohort | 76 |
A lower default rate generally signals that graduates earn enough to manage their loan payments.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,307 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,307 |
| Continuing-generation students | $7,307 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,307 |
| Independent students | $7,307 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Tricoci Danville.
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.
Worth Knowing
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.