Analysis
Empire Beauty School-E Memphis delivers below-average earnings outcomes in a field where maximizing income potential is crucial for financial viability. With first-year earnings of $16,062—ranking in just the 38th percentile nationally and 40th percentile in Tennessee—graduates earn about $1,500 less than the typical Tennessee cosmetology program graduate and $1,000 below the national average.
The program's saving grace is its relatively low debt burden. At $13,583, students borrow significantly more than the national median ($9,862), but the debt-to-earnings ratio of 0.85 remains manageable compared to many certificate programs. Still, this means graduates will likely spend their entire first year's salary just covering educational debt. The 25% earnings growth to $20,024 by year four shows income does improve, but even then, graduates trail the top Tennessee programs by $5,000+ annually.
Given that Tennessee has 47 cosmetology programs to choose from, and several consistently produce graduates earning $20,000+ in their first year, this program represents a missed opportunity. The Salon Professional Academy-Nashville, for example, delivers 61% higher first-year earnings. For families focused on return on investment, exploring higher-performing Tennessee alternatives would likely yield better financial outcomes for the same career path.
Where Empire Beauty School-E Memphis Stands
Earnings vs. debt across all cosmetology certificate's programs nationally
Earnings Distribution
How Empire Beauty School-E Memphis 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 |
|---|---|---|---|
| Empire Beauty School-E Memphis | $16,062 | $20,024 | +25% |
| The Salon Professional Academy-Nashville | $25,878 | $29,204 | +13% |
| Paul Mitchell the School-Murfreesboro | $20,606 | $24,432 | +19% |
| Paul Mitchell the School-Murfreesboro-Nashville | $20,606 | $24,432 | +19% |
| Paul Mitchell the School-Memphis | $17,239 | $21,824 | +27% |
Compare to Similar Programs in Tennessee
Cosmetology certificate's programs at peer institutions in Tennessee (47 total in state)
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| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| $16,062 | $20,024 | $13,583 | 0.85 | |
| $25,878 | $29,204 | $9,833 | 0.38 | |
| $22,176 | — | — | — | |
| $21,451 | — | $11,580 | 0.54 | |
| $20,977 | — | $9,833 | 0.47 | |
| $20,885 | — | $7,917 | 0.38 | |
| 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 Empire Beauty School-E Memphis, approximately 51% 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 745 graduates with reported earnings and 907 graduates with debt data. Small samples may not be representative.