Analysis
The earnings trajectory here tells a more optimistic story than the first-year numbers suggest. While Aveda Institute-Maryland graduates start at $16,394—below both the national and Maryland medians—they see 34% earnings growth by year four, reaching $21,944. That puts them ahead of the state median and competitive with Maryland's top-performing cosmetology programs, which cluster around $20,000-$21,000.
The debt picture is notably better than typical Maryland cosmetology programs, where the median is $12,583. At $9,833, graduates here are borrowing about 22% less than their in-state peers, which matters when starting salaries are in the mid-teens. The 0.60 debt-to-earnings ratio means graduates could theoretically pay off their loans with about seven months of first-year earnings—manageable for a field where many work variable hours while building clientele.
The challenge is that even with strong growth, $21,944 after four years is still modest income. This program works if you understand cosmetology as a foundation for entrepreneurship or specialized services where earnings aren't captured in W-2 data. For students seeking a credential with manageable debt to enter the beauty industry, particularly those building toward salon ownership or high-end services, this delivers a reasonable starting point with below-average financial burden.
Where Aveda Institute-Maryland Stands
Earnings vs. debt across all cosmetology certificate's programs nationally
Earnings Distribution
How Aveda Institute-Maryland graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Aveda Institute-Maryland | $16,394 | $21,944 | +34% |
| Cortiva Institute | $20,754 | $24,675 | +19% |
| The Temple Annapolis-A Paul Mitchell Partner School | $20,844 | $24,285 | +17% |
| The Temple-A Paul Mitchell Partner School | $20,844 | $24,285 | +17% |
| Aspen Beauty Academy of Laurel | $11,038 | $21,796 | +97% |
Compare to Similar Programs in Maryland
Cosmetology certificate's programs at peer institutions in Maryland (17 total in state)
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| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| $16,394 | $21,944 | $9,833 | 0.60 | |
| $20,844 | $24,285 | $12,583 | 0.60 | |
| $20,844 | $24,285 | $12,583 | 0.60 | |
| $20,754 | $24,675 | $7,917 | 0.38 | |
| $20,694 | $20,024 | $13,550 | 0.65 | |
| $18,623 | $19,815 | $12,937 | 0.69 | |
| National Median | $17,113 | — | $9,862 | 0.58 |
Career Paths
Occupations commonly associated with cosmetology graduates
Skincare Specialists
Barbers
Hairdressers, Hairstylists, and Cosmetologists
Manicurists and Pedicurists
Personal Service Managers, All Other
Fitness and Wellness Coordinators
Spa Managers
First-Line Supervisors of Personal Service Workers
Makeup Artists, Theatrical and Performance
Shampooers
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 Aveda Institute-Maryland, approximately 54% 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.
Sample Size: Based on 57 graduates with reported earnings and 61 graduates with debt data. Small samples may not be representative.