Median Earnings (1yr)
$23,235
95th percentile (60th in WI)
Median Debt
$8,790
11% below national median
Debt-to-Earnings
0.38
Manageable
Sample Size
27
Limited data

Analysis

First Class Cosmetology School's numbers look solid at first glance—graduates earn $23,235 in their first year, crushing the national average for cosmetology programs by 36% and placing this program in the 95th percentile nationally. However, the Wisconsin context tells a more complicated story. While these graduates do outperform the state median slightly, they trail the top Wisconsin programs by $2,000-$4,000 annually. Among 30 cosmetology programs in Wisconsin, this one lands squarely in the middle of the pack (60th percentile).

The concerning piece is the earnings trajectory: graduates actually earn less four years out ($22,819) than in their first year—a 2% decline that's unusual even in fields where earnings plateau early. With $8,790 in debt, the financial burden is at least manageable (38% of first-year income), and the school clearly serves students who need financial aid, with 70% receiving Pell grants.

The small sample size here—fewer than 30 graduates in the dataset—means these numbers could swing considerably with just a few outliers. For a family weighing options, the question is whether slightly above-average performance justifies enrollment when several Wisconsin programs consistently produce graduates earning 10-20% more. If location in Beloit is crucial, this program works fine. But if your child can attend programs in Waukesha, Madison, or Chippewa Valley, those extra earnings would pay off the slightly higher debt within months.

Where First Class Cosmetology School Stands

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

First Class Cosmetology SchoolOther 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 First Class Cosmetology School graduates compare to all programs nationally

First Class Cosmetology School graduates earn $23k, placing them in the 95th 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 Wisconsin

Cosmetology certificate's programs at peer institutions in Wisconsin (30 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
First Class Cosmetology School$23,235$22,819$8,7900.38
Waukesha County Technical College$27,049—$9,7500.36
The Institute of Beauty and Wellness$25,029$29,220$10,5550.42
Aveda Institute-Madison$25,029$29,220$10,5550.42
The Salon Professional Academy-Onalaska$25,017$25,347$12,0000.48
Chippewa Valley Technical College$23,405$25,795$9,3950.40
National Median$17,113—$9,8620.58

Other Cosmetology Programs in Wisconsin

Compare tuition, earnings, and debt across Wisconsin schools

SchoolIn-State TuitionEarnings (1yr)Debt
Waukesha County Technical College
Pewaukee
$4,720$27,049$9,750
The Institute of Beauty and Wellness
Milwaukee
—$25,029$10,555
Aveda Institute-Madison
Madison
—$25,029$10,555
The Salon Professional Academy-Onalaska
Onalaska
—$25,017$12,000
Chippewa Valley Technical College
Eau Claire
$4,724$23,405$9,395

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 First Class Cosmetology School, approximately 70% 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 27 graduates with reported earnings and 32 graduates with debt data. Small samples may not be representative.