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
Earnings Distribution
How Great Lakes Institute of Technology 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 |
|---|---|---|---|
| Great Lakes Institute of Technology | $16,280 | $21,482 | +32% |
| Bella Capelli Academy | $16,192 | $25,037 | +55% |
| Bucks County School of Beauty Culture Inc | $15,797 | $24,518 | +55% |
| The Salon Professional Academy-Altoona | $19,048 | $24,115 | +27% |
| Lancaster School of Cosmetology & Therapeutic Bodywork | $19,624 | $23,986 | +22% |
Compare to Similar Programs in Pennsylvania
Cosmetology certificate's programs at peer institutions in Pennsylvania (60 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| — | $16,280 | $21,482 | $12,253 | 0.75 | |
| — | $21,226 | $21,774 | $13,381 | 0.63 | |
| $13,654 | $20,871 | $21,778 | $11,318 | 0.54 | |
| — | $20,852 | $22,780 | $7,662 | 0.37 | |
| $18,950 | $20,532 | $20,851 | $11,646 | 0.57 | |
| — | $19,624 | $23,986 | $7,208 | 0.37 | |
| 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 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.