Median Earnings (1yr)
$20,746
82nd percentile (60th in CO)
Median Debt
$7,850
20% below national median
Debt-to-Earnings
0.38
Manageable
Sample Size
73
Adequate data

Analysis

Cheeks Beauty Academy manages to keep debt significantly lower than most cosmetology programs while delivering above-average earnings. At $7,850 in median debt—about 20% below both state and national averages—graduates here face one of the better debt-to-earnings situations in the field. The 0.38 ratio means debt equals roughly five months of first-year income, a manageable burden for a certificate program. Earnings of $20,746 place graduates well above the national median of $17,113, though there are higher-earning programs in Colorado if your student can access them.

The 60th percentile ranking within Colorado tells an important story: this isn't the top-performing cosmetology program in the state (schools like Elevate and Aveda Institute post notably higher earnings), but it's solidly middle-of-the-pack while keeping costs in check. For a school serving primarily lower-income students (73% receive Pell grants), that combination matters. The modest earnings growth to $22,347 by year four is typical for the field, where income tends to plateau based on clientele and chair rental arrangements rather than climbing steeply.

This program works best for students prioritizing affordability over maximizing earnings potential. The low debt load creates flexibility to build a client base without crushing monthly payments, though families should recognize that cosmetology careers rarely reach high income levels regardless of training location.

Where Cheeks Beauty Academy Stands

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

Cheeks Beauty AcademyOther 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 Cheeks Beauty Academy graduates compare to all programs nationally

Cheeks Beauty Academy graduates earn $21k, placing them in the 82th 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 Colorado

Cosmetology certificate's programs at peer institutions in Colorado (28 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Cheeks Beauty Academy$20,746$22,347$7,8500.38
Elevate Salon Institute-Westminster$27,005$18,694$12,0000.44
Aveda Institute-Denver$26,636$29,440$12,0000.45
Paul Mitchell the School-Denver$24,952$22,164$11,8330.47
Pickens Technical College$22,997$22,311$9,5000.41
IBMC College$22,822$23,563$9,8320.43
National Median$17,113—$9,8620.58

Other Cosmetology Programs in Colorado

Compare tuition, earnings, and debt across Colorado schools

SchoolIn-State TuitionEarnings (1yr)Debt
Elevate Salon Institute-Westminster
Westminster
—$27,005$12,000
Aveda Institute-Denver
Denver
—$26,636$12,000
Paul Mitchell the School-Denver
Lakewood
—$24,952$11,833
Pickens Technical College
Aurora
$4,930$22,997$9,500
IBMC College
Fort Collins
$15,320$22,822$9,832

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 Cheeks Beauty Academy, approximately 73% 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 73 graduates with reported earnings and 81 graduates with debt data. Small samples may not be representative.