Analysis
Empire Beauty School-Richmond's cosmetology program delivers below-average earnings despite relatively low debt, creating a concerning financial picture. First-year graduates earn $15,679—well below both the national median of $17,113 and Virginia's median of $19,234. Among Virginia's 27 cosmetology programs, this ranks in just the 25th percentile, meaning three-quarters of state programs produce better-earning graduates.
The debt situation offers some relief with $13,583 in median debt, which is reasonable compared to the national median of $9,862 but typical for Virginia programs. The debt-to-earnings ratio of 0.87 means graduates owe roughly 10 months of their first year's salary—manageable but not ideal given the low starting wages. The program does show solid 30% earnings growth over four years, bringing median pay to $20,441, though this still lags behind top Virginia programs where graduates can earn $29,000+ right out of school.
For anxious parents, the numbers are straightforward: your child would likely earn less here than at most other Virginia cosmetology schools. While the debt load won't crush them financially, the opportunity cost is significant when stronger programs like The Esthetic Institute or Institute of Advanced Medical Esthetics exist in-state. Unless there are compelling personal reasons to choose Empire Beauty School-Richmond (location, schedule flexibility), the data suggests looking elsewhere in Virginia's competitive cosmetology market.
Where Empire Beauty School-Richmond Stands
Earnings vs. debt across all cosmetology certificate's programs nationally
Earnings Distribution
How Empire Beauty School-Richmond 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-Richmond | $15,679 | $20,441 | +30% |
| Institute of Advanced Medical Esthetics | $27,490 | $36,799 | +34% |
| Rudy & Kelly Academy A Paul Mitchell Partner School | $20,028 | $24,711 | +23% |
| Paul Mitchell the School-Tysons Corner | $19,234 | $23,598 | +23% |
| Avi Career Training | $15,607 | $21,765 | +39% |
Compare to Similar Programs in Virginia
Cosmetology certificate's programs at peer institutions in Virginia (27 total in state)
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| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| $15,679 | $20,441 | $13,583 | 0.87 | |
| $29,301 | — | $11,208 | 0.38 | |
| $27,490 | $36,799 | $6,944 | 0.25 | |
| $23,974 | $21,513 | $7,333 | 0.31 | |
| $22,763 | $21,094 | $8,517 | 0.37 | |
| $21,937 | — | $13,666 | 0.62 | |
| 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-Richmond, approximately 45% 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.