Median Earnings (1yr)
$12,461
12th percentile
10th percentile in Illinois
Median Debt
$3,726
62% below national median

Analysis

Larry's Barber College-Joliet graduates earn just $12,461 in their first year—roughly $5,400 below the Illinois median for cosmetology programs and landing in the bottom 10th percentile statewide. This is particularly concerning given that top Illinois cosmetology programs place graduates earning nearly twice as much ($24,000+). While the debt load is relatively modest at $3,726, even this low figure translates to a 30% debt-to-earnings ratio when matched against such minimal income.

The earnings here are barely above minimum wage for full-time work, which raises questions about job placement outcomes and whether graduates are finding sufficient hours in the field. The fact that 100% of students receive Pell grants suggests the student body can least afford a program that underperforms so dramatically—these aren't students with family financial cushions to fall back on while building their careers.

For parents considering this program, the comparison is stark: other Illinois schools are successfully launching cosmetology graduates into $22,000-24,000 first-year positions. Unless there are compelling personal reasons to attend this specific location, exploring higher-performing Illinois cosmetology programs would likely provide better return on both time and tuition investment.

Where Larry's Barber College-Joliet Stands

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

Earnings Distribution

How Larry's Barber College-Joliet graduates compare to all programs nationally

Compare to Similar Programs in Illinois

Cosmetology certificate's programs at peer institutions in Illinois (71 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Larry's Barber College-JolietJoliet$12,461$3,7260.30
University of Aesthetics & CosmetologyChicago$24,468$25,347$11,6670.48
Illinois Eastern Community CollegesOlney$4,390$24,120
Educators of Beauty College of Cosmetology-PeruPERU$22,967$16,517$9,6460.42
The Aveda Institute of Beauty and Wellness ChicagoChicago$22,351$24,872$9,8330.44
Cosmetology & Spa AcademyCrystal Lake$22,096$22,148$9,8330.45
National Median$17,113$9,8620.58

Career Paths

Occupations commonly associated with cosmetology graduates

Skincare Specialists

Provide skincare treatments to face and body to enhance an individual's appearance. Includes electrologists and laser hair removal specialists.

$41,560/yrJobs growth:Postsecondary nondegree award

Barbers

Provide barbering services, such as cutting, trimming, shampooing, and styling hair; trimming beards; or giving shaves.

$35,420/yrJobs growth:Postsecondary nondegree award

Hairdressers, Hairstylists, and Cosmetologists

Provide beauty services, such as cutting, coloring, and styling hair, and massaging and treating scalp. May shampoo hair, apply makeup, dress wigs, remove hair, and provide nail and skincare services.

$35,420/yrJobs growth:Postsecondary nondegree award

Manicurists and Pedicurists

Clean and shape customers' fingernails and toenails. May polish or decorate nails.

$34,660/yrJobs growth:Postsecondary nondegree award

Personal Service Managers, All Other

All personal service managers not listed separately.

Fitness and Wellness Coordinators

Manage or coordinate fitness and wellness programs and services. Manage and train staff of wellness specialists, health educators, or fitness instructors.

Spa Managers

Plan, direct, or coordinate activities of a spa facility. Coordinate programs, schedule and direct staff, and oversee financial activities.

First-Line Supervisors of Personal Service Workers

Supervise and coordinate activities of personal service workers.

Makeup Artists, Theatrical and Performance

Apply makeup to performers to reflect period, setting, and situation of their role.

Shampooers

Shampoo and rinse customers' hair.

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 Larry's Barber College-Joliet, approximately 100% 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 61 graduates with reported earnings and 75 graduates with debt data. Small samples may not be representative.