by our College Data Analytics TeamThis page focuses on the debt students take on to attend Wade Gordon Hairdressing Academy— 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.
Looking at the entering class at Wade Gordon Hairdressing Academy, 80% of incoming students take out a loan to help cover first-year costs, for an average of $7,832 each, across private and federal loan sources.
On the federal side, the average loan is $7,832. This is at or above the $5,500 first-year federal borrowing cap that applies to the typical dependent freshman. Note that average undergraduate loan amounts shown later do not include private loans — so the full freshman figure above is not directly comparable.
For undergraduates overall at Wade Gordon Hairdressing Academy, 65% rely on federal student loans toward their education, at an average of $5,217 each per year. This is 33.4% lower than the first-year federal average of $7,832.
Carrying that yearly figure forward comes to roughly $10,434 after two years and $20,868 over a four-year span. These projections assume the same federal borrowing each year and exclude private and Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 65% |
| Average federal loan per year | $5,217 |
| Undergraduates with a federal loan | 135 |
| Total federal loans (one year) | $704,239 |
Graduating and withdrawing students at Wade Gordon Hairdressing Academy carry a median federal debt of $7,710 of cumulative federal debt.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $7,710 |
| Students who completed (graduates) | $9,833 |
| 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Withdrawn-student debt matters because those borrowers carry the loans without the degree that helps repay them.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 Wade Gordon Hairdressing Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,767 |
| 25th percentile | $4,750 |
| 75th percentile | $11,000 |
| 90th percentile (highest-debt students) | $13,833 |
How wide this percentile range is tells you how much borrowing varies across students at Wade Gordon Hairdressing Academy.
Repayment burden translates the debt figures into what a borrower actually pays each month. Wade Gordon Hairdressing Academy.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Borrowing by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,128 |
| Middle income | $7,526 |
| High income | $9,833 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,778 |
| Continuing-generation students | $7,666 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,447 |
| Independent students | $8,818 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Wade Gordon Hairdressing Academy.
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.
Did You Know?
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.