Median Earnings (1yr)
$16,280
41st percentile (60th in PA)
Median Debt
$12,253
24% above national median
Debt-to-Earnings
0.75
Manageable
Sample Size
89
Adequate data

Analysis

Great Lakes Institute of Technology's cosmetology program starts students at challenging earnings—just $16,280 in the first year—but demonstrates meaningful trajectory. By year four, graduates reach $21,482, a 32% increase that outpaces typical cosmetology earnings growth. This matters because many cosmetology programs plateau quickly, leaving graduates stuck at entry-level wages. While the first-year number sits below the national median, the four-year figure suggests students who stick with the field build skills and clientele that translate to better income.

The debt picture looks reasonable: $12,253 is below Pennsylvania's median for cosmetology programs ($13,308) and translates to a manageable 0.75 debt-to-earnings ratio. Within Pennsylvania, this program ranks in the 60th percentile for earnings—solidly middle-of-the-pack among 60 competing schools, though notably behind top performers like Metro Beauty Academy ($21,226). The school serves a predominantly low-income population (68% receiving Pell grants), which may explain the lower starting wages as graduates establish themselves in the Erie market.

The realistic assessment: This program won't deliver quick financial wins, but it positions graduates for income growth that many cosmetology certificates don't provide. If your child is committed to building a cosmetology career in the Erie area and willing to weather lean early years, the debt load won't become overwhelming and earnings should improve with experience. However, if immediate income matters or they're unsure about long-term commitment to the field, the challenging first-year earnings deserve serious consideration.

Where Great Lakes Institute of Technology Stands

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

Great Lakes Institute of TechnologyOther 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 Great Lakes Institute of Technology graduates compare to all programs nationally

Great Lakes Institute of Technology graduates earn $16k, placing them in the 41th 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 Pennsylvania

Cosmetology certificate's programs at peer institutions in Pennsylvania (60 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Great Lakes Institute of Technology$16,280$21,482$12,2530.75
Metro Beauty Academy$21,226$21,774$13,3810.63
Penn Commercial Business/Technical School$20,871$21,778$11,3180.54
South Hills Beauty Academy$20,852$22,780$7,6620.37
Douglas Education Center$20,532$20,851$11,6460.57
Lancaster School of Cosmetology & Therapeutic Bodywork$19,624$23,986$7,2080.37
National Median$17,113—$9,8620.58

Other Cosmetology Programs in Pennsylvania

Compare tuition, earnings, and debt across Pennsylvania schools

SchoolIn-State TuitionEarnings (1yr)Debt
Metro Beauty Academy
Allentown
—$21,226$13,381
Penn Commercial Business/Technical School
Washington
$13,654$20,871$11,318
South Hills Beauty Academy
Pittsburgh
—$20,852$7,662
Douglas Education Center
Monessen
$18,950$20,532$11,646
Lancaster School of Cosmetology & Therapeutic Bodywork
Lancaster
—$19,624$7,208

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 Great Lakes Institute of Technology, approximately 68% 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 89 graduates with reported earnings and 95 graduates with debt data. Small samples may not be representative.