by our College Data Analytics TeamThis page focuses on the debt students take on to attend Universal Spa Training Academy, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Among first-year students at Universal Spa Training Academy, 37% of new students use loans toward freshman-year expenses, at roughly $9,231 each — a figure that counts both private and federal student loans.
On the federal side, the average loan is $9,231. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Across the full undergraduate body at Universal Spa Training Academy (freshmen included), 45% finance part of their studies with federal loans, borrowing on average $8,578 annually. That is 7.1% lower than the $9,231 freshmen take on.
Borrowing at that rate every year works out to about $17,156 across two years and $34,312 over a four-year span. This projection keeps yearly federal borrowing flat and excludes private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 45% |
| Average federal loan per year | $8,578 |
| Undergraduates with a federal loan | 104 |
| Total federal loans (one year) | $892,116 |
Graduating and withdrawing students at Universal Spa Training Academy carry a median federal debt of $6,861 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,861 |
| Students who completed (graduates) | $7,283 |
| Students who withdrew | $3,959 |
Debt carried by students who withdrew is a key risk signal — these borrowers owe money without having earned the credential.
The median hides the spread, so the percentiles below show cumulative federal debt at four points in the distribution for Universal Spa Training Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,959 |
| 25th percentile | $5,000 |
| 75th percentile | $7,917 |
| 90th percentile (highest-debt students) | $7,917 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Universal Spa Training Academy.
PLUS loans — taken out by parents or graduate students — add to the total cost of attendance financed by debt at Universal Spa Training Academy.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 50 | $11,813 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Universal Spa Training Academy.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. The federal two-year cohort default rate for Universal Spa Training Academy follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 5.5% |
| Borrowers in the cohort | 18 |
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 | $7,283 |
| Middle income | $6,861 |
| High income | $4,583 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,861 |
| Continuing-generation students | $7,667 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,583 |
| Independent students | $7,917 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Universal Spa Training Academy.
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.
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.