Cosmetology at Denmark College
Undergraduate Certificate or Diploma
Analysis
Denmark College's cosmetology program starts just above the Indiana median at $18,762, but graduates see their earnings drop 18% by year four—a troubling pattern in a field where building a client base should increase income. Among Indiana's 28 cosmetology programs, this ranks near the middle (60th percentile), but it's worth noting that top programs in the state like Aveda Fredric's Institute produce graduates earning over $24,000, roughly 30% more than Denmark's outcomes.
The $12,685 debt load is relatively manageable in absolute terms and sits below the national average, which helps offset the earnings decline. Still, watching income fall from roughly $1,560 to $1,287 per month after four years raises questions about whether graduates are struggling with retention in this commission-based field or if the program's training and placement support falls short compared to competitors. The 83% Pell grant rate suggests most students here are taking on significant financial risk despite the modest debt figure.
For families considering cosmetology school in Northwest Indiana, this program won't saddle students with crushing debt, but the earnings trajectory and the availability of stronger local alternatives—including Paul Mitchell the School just down the road in Merrillville posting 27% higher earnings—suggest looking carefully at where graduates actually end up working and whether the school's salon connections justify choosing it over nearby options.
Where Denmark College Stands
Earnings vs. debt across all cosmetology certificate's programs nationally
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 Denmark College graduates compare to all programs nationally
Denmark College graduates earn $19k, placing them in the 64th 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 Indiana
Cosmetology certificate's programs at peer institutions in Indiana (28 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Denmark College | $18,762 | $15,451 | $12,685 | 0.68 |
| Aveda Fredric's Institute-Indianapolis | $24,147 | $26,688 | $9,833 | 0.41 |
| Paul Mitchell the School-Indianapolis | $23,870 | $24,635 | $9,833 | 0.41 |
| Summit Salon Academy | $21,529 | $22,057 | $11,700 | 0.54 |
| Paul Mitchell the School-Merrillville | $19,685 | — | $9,833 | 0.50 |
| Ideal Beauty Academy | $19,513 | $18,702 | $8,401 | 0.43 |
| National Median | $17,113 | — | $9,862 | 0.58 |
Other Cosmetology Programs in Indiana
Compare tuition, earnings, and debt across Indiana schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Aveda Fredric's Institute-Indianapolis Carmel | — | $24,147 | $9,833 |
| Paul Mitchell the School-Indianapolis Indianapolis | — | $23,870 | $9,833 |
| Summit Salon Academy Anderson | — | $21,529 | $11,700 |
| Paul Mitchell the School-Merrillville Merrillville | — | $19,685 | $9,833 |
| Ideal Beauty Academy Jeffersonville | — | $19,513 | $8,401 |
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 Denmark College, approximately 83% 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 92 graduates with reported earnings and 129 graduates with debt data. Small samples may not be representative.