by our College Data Analytics TeamThis page focuses on the debt students take on to attend J D Academy of Salon and Spa, including completion-adjusted borrowing and a standard repayment estimate. These figures are reported by the Department of Education and IPEDS.
Looking at the entering class at J D Academy of Salon and Spa, 64% of incoming undergraduates borrow in year one, at roughly $5,545 per borrower, covering both private and federal loans.
On the federal side, the average loan is $5,545. This meets or exceeds the $5,500 cap on first-year federal borrowing for the typical dependent freshman. Keep in mind the all-undergraduate averages further down count federal loans only, unlike this private-plus-federal freshman figure.
Across the full undergraduate body at J D Academy of Salon and Spa (freshmen included), 51% borrow through federal student loan programs, averaging $4,660 each per year. That is 16.0% lower than the $5,545 freshmen take on.
Borrowing the same amount each year would add up to roughly $9,320 in two years and roughly $18,640 across a four-year program. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 51% |
| Average federal loan per year | $4,660 |
| Undergraduates with a federal loan | 87 |
| Total federal loans (one year) | $405,394 |
The middle borrower at J D Academy of Salon and Spa owes $6,211 in federal student loans.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,211 |
| Students who completed (graduates) | $6,211 |
| Students who withdrew | $4,750 |
The figure for students who withdrew is worth watching: debt without a completed credential is the hardest to repay.
Half of all borrowers fall between the 25th and 75th percentiles shown below for J D Academy of Salon and Spa.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $3,596 |
| 75th percentile | $9,500 |
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 J D Academy of Salon and Spa.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 28 | $8,583 |
These figures turn the debt totals into a monthly repayment picture for J D Academy of Salon and Spa.
Borrowing varies by family income, by first-generation status, and by dependency status.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,211 |
| Middle income | $6,211 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,211 |
| Continuing-generation students | $6,211 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,596 |
| Independent students | $6,211 |
These pre-calculated indicators summarize the borrowing gaps between cohorts at J D Academy of Salon and Spa.
Subsidized vs. 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.
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.