by our College Data Analytics TeamHere you will find what students actually borrow to attend Vogue College of Cosmetology-McAllen— how much they borrow, how that debt is spread across the student body, and what it costs to pay back. These figures are reported by the Department of Education and IPEDS.
For incoming students at Vogue College of Cosmetology-McAllen, 100% of incoming students take out a loan to help cover first-year costs, for an average of $8,202 each — a figure that counts both private and federal student loans.
The average federal loan is $7,203. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Bear in mind the undergraduate averages later on cover federal loans only, whereas this freshman total folds in private loans too.
Looking at all undergraduates at Vogue College of Cosmetology-McAllen, freshmen included, 74% finance part of their studies with federal loans, averaging $5,985 annually. That is 16.9% lower than the $7,203 freshmen take on.
Borrowing at that rate every year works out to about $11,970 across two years and $23,940 over a four-year span. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 74% |
| Average federal loan per year | $5,985 |
| Undergraduates with a federal loan | 448 |
| Total federal loans (one year) | $2,681,392 |
The middle borrower at Vogue College of Cosmetology-McAllen owes $6,333 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,333 |
| Students who completed (graduates) | $7,917 |
| Students who withdrew | $4,584 |
Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Vogue College of Cosmetology-McAllen.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,370 |
| 25th percentile | $4,458 |
| 75th percentile | $9,803 |
| 90th percentile (highest-debt students) | $16,500 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Vogue College of Cosmetology-McAllen.
Median federal debt understates the full cost when PLUS loans are included. The totals below add PLUS borrowing for Vogue College of Cosmetology-McAllen.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 23 | $4,965 |
Repayment burden translates the debt figures into what a borrower actually pays each month. Vogue College of Cosmetology-McAllen.
Median debt differs by income tier, first-generation status, and whether the student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $7,917 |
| High income | $4,584 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,500 |
Dependent vs Independent Borrowers
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,584 |
| Independent students | $7,917 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at Vogue College of Cosmetology-McAllen.
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.
Important to Remember
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.