by our College Data Analytics TeamThis page focuses on the debt students take on to attend Vibe Barber College: 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.
Looking at the entering class at Vibe Barber College, 50% of new students use loans toward freshman-year expenses, at roughly $8,700 each, across private and federal loan sources.
The average federally funded loan is $8,700. This reaches or tops the $5,500 first-year federal borrowing cap for a typical dependent student. Remember the all-undergraduate figures below leave out private loans, so they will look lower than this private-plus-federal freshman amount.
For undergraduates overall at Vibe Barber College, 41% borrow through federal student loan programs, for a typical $7,622 per year. This works out to 12.4% lower than the $8,700 freshmen take on.
At a steady annual pace, that totals around $15,244 in two years and roughly $30,488 over four years. This assumes steady federal borrowing and leaves out private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 41% |
| Average federal loan per year | $7,622 |
| Undergraduates with a federal loan | 34 |
| Total federal loans (one year) | $259,151 |
Graduating and withdrawing students at Vibe Barber College carry a median federal debt of $9,500 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $9,500 |
| Students who completed (graduates) | $9,500 |
| Students who withdrew | $5,829 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Vibe Barber College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
These figures turn the debt totals into a monthly repayment picture for Vibe Barber College.
Subsidized vs. 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.
Important to Remember
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.