by our College Data Analytics TeamThis page focuses on the debt students take on to attend Venus Beauty Academy— 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 Venus Beauty Academy, 46% of new students use loans toward freshman-year expenses, borrowing on average $5,432 each — a figure that counts both private and federal student loans.
The typical federal loan comes to $5,432, equal to roughly 98.8% of the $5,500 first-year federal borrowing limit for a typical dependent freshman. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
For undergraduates overall at Venus Beauty Academy, 48% take out federal student loans, with a mean of $5,818 each per year. This is 7.1% greater than the freshman federal average of $5,432.
Borrowing the same amount each year would add up to roughly $11,636 over two years and about $23,272 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 48% |
| Average federal loan per year | $5,818 |
| Undergraduates with a federal loan | 52 |
| Total federal loans (one year) | $302,557 |
The median student at Venus Beauty Academy borrows $5,500 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $5,500 |
| Students who completed (graduates) | $7,388 |
| Students who withdrew | $4,750 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.
Half of all borrowers fall between the 25th and 75th percentiles shown below for Venus Beauty Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,500 |
| 25th percentile | $4,642 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $13,583 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Venus Beauty Academy.
Repayment burden translates the debt figures into what a borrower actually pays each month. Venus Beauty Academy.
The default rate measures how many borrowers fall behind and ultimately fail to repay their federal loans. Two-year cohort default-rate data for Venus Beauty Academy follows.
| Metric | Value |
|---|---|
| 2-year cohort default rate | 6.3% |
| Borrowers in the cohort | 79 |
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.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,277 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $5,805 |
The Difference Between Subsidized and 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.