Median Earnings (1yr)
$11,038
5th percentile (10th in MD)
Median Debt
$16,500
67% above national median
Debt-to-Earnings
1.49
Elevated
Sample Size
29
Limited data

Analysis

Aspen Beauty Academy's cosmetology program ranks near the bottom in Maryland—10th percentile—and graduates earn roughly $5,000 less in their first year than the state median of $16,429. That's a significant gap when you're trying to build a career on entry-level salon wages, and it becomes harder to justify when you consider that debt loads here ($16,500) exceed both state and national averages. Several Maryland schools produce graduates earning $20,000+ right out of the gate, suggesting location and industry connections make a real difference in this field.

The earnings picture does improve dramatically over four years, nearly doubling to $21,796, which brings graduates closer to what their peers earn initially. But that debt-to-earnings ratio of 1.49 means your child would owe more than they'll earn in their first year—a tough position when living expenses don't wait. For a program serving mostly lower-income students (58% receive Pell grants), these numbers create genuine financial stress during the critical early career phase.

Given Maryland's competitive cosmetology landscape, other in-state options deliver stronger outcomes without requiring graduates to dig out of a deeper hole. Unless there are specific circumstances making this school uniquely accessible—location, schedule flexibility—the data suggests looking at programs where first-year earnings better align with the debt taken on.

Where Aspen Beauty Academy of Laurel Stands

Earnings vs. debt across all cosmetology certificate's programs nationally

Aspen Beauty Academy of LaurelOther cosmetology programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Aspen Beauty Academy of Laurel graduates compare to all programs nationally

Aspen Beauty Academy of Laurel graduates earn $11k, placing them in the 5th percentile of all cosmetology certificate programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Maryland

Cosmetology certificate's programs at peer institutions in Maryland (17 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Aspen Beauty Academy of Laurel$11,038$21,796$16,5001.49
The Temple-A Paul Mitchell Partner School$20,844$24,285$12,5830.60
The Temple Annapolis-A Paul Mitchell Partner School$20,844$24,285$12,5830.60
Cortiva Institute$20,754$24,675$7,9170.38
Del-Mar-Va Beauty Academy$20,694$20,024$13,5500.65
Montgomery Beauty School$18,623$19,815$12,9370.69
National Median$17,113—$9,8620.58

Other Cosmetology Programs in Maryland

Compare tuition, earnings, and debt across Maryland schools

SchoolIn-State TuitionEarnings (1yr)Debt
The Temple-A Paul Mitchell Partner School
Frederick
—$20,844$12,583
The Temple Annapolis-A Paul Mitchell Partner School
Annapolis
—$20,844$12,583
Cortiva Institute
Linthicum
—$20,754$7,917
Del-Mar-Va Beauty Academy
Salisbury
—$20,694$13,550
Montgomery Beauty School
Silver Spring
—$18,623$12,937

About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At Aspen Beauty Academy of Laurel, approximately 58% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.