Median Earnings (1yr)
$15,679
34th percentile (40th in MA)
Median Debt
$13,583
38% above national median
Debt-to-Earnings
0.87
Manageable
Sample Size
828
Adequate data

Analysis

Empire Beauty School-Malden's cosmetology program delivers below-average earnings but with exceptionally manageable debt, creating a mixed value proposition. Graduates earn $15,679 in their first year—about $1,400 less than the Massachusetts median and $1,500 below the national average. However, the program's debt load of $13,583 is actually reasonable compared to many cosmetology schools, ranking in just the 16th percentile nationally for debt burden.

The debt-to-earnings ratio of 0.87 means students can theoretically pay off their loans with less than one year's salary, which is quite favorable for a trade program. More encouraging is the 30% earnings growth trajectory, with graduates reaching $20,441 by year four—essentially matching state and national benchmarks as they gain experience. Among Massachusetts cosmetology programs, this ranks in the 40th percentile, meaning it's middle-of-the-pack within the state.

The reality is that several Massachusetts competitors offer significantly better starting salaries, with top programs like Catherine Hinds Institute producing graduates earning $10,000+ more annually. For families prioritizing lower debt over higher initial earnings, Empire Beauty-Malden offers a path into the beauty industry without crushing financial burden. However, if your child is committed to cosmetology, exploring higher-performing in-state options could provide better long-term financial outcomes despite potentially higher upfront costs.

Where Empire Beauty School-Malden Stands

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

Empire Beauty School-MaldenOther 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 Empire Beauty School-Malden graduates compare to all programs nationally

Empire Beauty School-Malden graduates earn $16k, placing them in the 34th 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 Massachusetts

Cosmetology certificate's programs at peer institutions in Massachusetts (22 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Empire Beauty School-Malden$15,679$20,441$13,5830.87
Catherine Hinds Institute of Esthetics$26,234$24,607$7,6670.29
Spa Tech Institute-Westboro$21,124$23,325$7,1170.34
Spa Tech Institute-Plymouth$21,124$23,325$7,1170.34
COLLECTIV Academy-Worcester$20,720$26,886$10,6670.51
EINE Inc$20,496$26,067$8,8330.43
National Median$17,113—$9,8620.58

Other Cosmetology Programs in Massachusetts

Compare tuition, earnings, and debt across Massachusetts schools

SchoolIn-State TuitionEarnings (1yr)Debt
Catherine Hinds Institute of Esthetics
Woburn
—$26,234$7,667
Spa Tech Institute-Westboro
Westborough
—$21,124$7,117
Spa Tech Institute-Plymouth
Plymouth
—$21,124$7,117
COLLECTIV Academy-Worcester
Worcester
—$20,720$10,667
EINE Inc
Tewksbury
—$20,496$8,833

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-Malden, approximately 43% 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 828 graduates with reported earnings and 1007 graduates with debt data. Small samples may not be representative.