by our College Data Analytics TeamHere you will find what students actually borrow to attend Tricoci University of Beauty Culture-Lafayette, including completion-adjusted borrowing and a standard repayment estimate. All figures come from the U.S. Department of Education and IPEDS.
Among first-year students at Tricoci LAF, 95% of freshmen borrow to help pay for their first year, for an average of $9,583 each, across private and federal loan sources.
On the federal side, the average loan is $8,811. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
For undergraduates overall at Tricoci LAF, 71% finance part of their studies with federal loans, borrowing on average $6,969 a year. This is 20.9% less than the $8,811 borrowed by freshmen.
Repeating that yearly amount projects to about $13,938 in two years and roughly $27,876 by the fourth year. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 71% |
| Average federal loan per year | $6,969 |
| Undergraduates with a federal loan | 103 |
| Total federal loans (one year) | $717,833 |
Graduating and withdrawing students at Tricoci LAF carry a median federal debt of $6,333 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $7,307 |
| Students who withdrew | $3,653 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Tricoci LAF.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,664 |
| 25th percentile | $3,750 |
| 75th percentile | $7,307 |
| 90th percentile (highest-debt students) | $12,427 |
The spread between the lowest- and highest-debt deciles summarizes how variable outcomes are at Tricoci LAF.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Tricoci LAF.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 111 | $7,151 |
| Completed (graduates) | 80 | $8,828 |
| Did not complete | 31 | $4,167 |
For students who completed, the median total debt including PLUS loans works out to a standard 10-year payment of about $104.97/mo.
Repayment burden translates the debt figures into what a borrower actually pays each month. Tricoci LAF.
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 LAF is shown below.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 8.4% |
| Borrowers in the cohort | 95 |
The cohort default rate tracks borrowers who entered repayment in a given year and defaulted within the two-year measurement window.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $7,257 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,317 |
| Independent students | $6,333 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Tricoci LAF.
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.