Median Earnings (1yr)
$22,096
93rd percentile (60th in IL)
Median Debt
$9,833
At national median
Debt-to-Earnings
0.45
Manageable
Sample Size
186
Adequate data

Analysis

Cosmetology & Spa Academy graduates earn roughly $22,100 annually—about 29% above the national median for cosmetology programs and well ahead of the typical Illinois cosmetology school. That's solid positioning in a field where many programs deliver barely minimum-wage outcomes. The debt load of $9,833 is manageable in absolute terms, with a debt-to-earnings ratio of 0.45 that suggests graduates can reasonably handle repayment, even on beauty industry wages.

The catch is what happens after that first year: essentially nothing. Earnings flatline at around $22,100 through year four, which is typical for salon work but means your child won't see the income progression you'd expect in other fields. They're entering a career with a relatively low ceiling. That said, they're entering it from a stronger starting position than most—this program ranks in the 93rd percentile nationally, though it's more middle-of-the-pack within Illinois (60th percentile). There are higher-earning programs in the state, but not dramatically so.

For a student genuinely committed to cosmetology, this program delivers what it promises: quick entry into the field without crushing debt. The high percentage of Pell-eligible students (58%) suggests it serves working-class families well. Just ensure your child understands they're choosing lifestyle and passion over income growth—the financial picture at 22 is roughly what it'll be at 30.

Where Cosmetology & Spa Academy Stands

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

Cosmetology & Spa 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 Cosmetology & Spa Academy graduates compare to all programs nationally

Cosmetology & Spa Academy graduates earn $22k, placing them in the 93th 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 Illinois

Cosmetology certificate's programs at peer institutions in Illinois (71 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Cosmetology & Spa Academy$22,096$22,148$9,8330.45
University of Aesthetics & Cosmetology$24,468$25,347$11,6670.48
Illinois Eastern Community Colleges$24,120
Educators of Beauty College of Cosmetology-Peru$22,967$16,517$9,6460.42
The Aveda Institute of Beauty and Wellness Chicago$22,351$24,872$9,8330.44
G Skin & Beauty Institute$21,461$25,373$7,9170.37
National Median$17,113$9,8620.58

Other Cosmetology Programs in Illinois

Compare tuition, earnings, and debt across Illinois schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Aesthetics & Cosmetology
Chicago
$24,468$11,667
Illinois Eastern Community Colleges
Olney
$4,390$24,120
Educators of Beauty College of Cosmetology-Peru
PERU
$22,967$9,646
The Aveda Institute of Beauty and Wellness Chicago
Chicago
$22,351$9,833
G Skin & Beauty Institute
Schaumburg
$21,461$7,917

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 Cosmetology & Spa Academy, 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.

Sample Size: Based on 186 graduates with reported earnings and 150 graduates with debt data. Small samples may not be representative.