Median Earnings (1yr)
$15,447
31st percentile (40th in PA)
Median Debt
$12,000
22% above national median
Debt-to-Earnings
0.78
Manageable
Sample Size
61
Adequate data

Analysis

Laurel Business Institute's cosmetology program lands in the bottom half nationally, but the bigger concern is the earnings trajectory: graduates see their income drop from $15,447 to $14,296 between years one and four. While this decline isn't unusual in cosmetology—where building a client base takes time and many stylists work part-time—it's still worth noting that Pennsylvania's median for this field is $16,236, suggesting stronger programs exist within the state.

The $12,000 debt load is slightly below Pennsylvania's average for cosmetology programs, though it still represents nearly 10 months of first-year earnings. For context, top Pennsylvania programs like Metro Beauty Academy and Penn Commercial Business/Technical School produce graduates earning $20,000-21,000—about 40% more than Laurel's typical graduate. With 60 cosmetology programs across Pennsylvania, families have plenty of options to consider.

Here's the practical reality: at under $15,000 annually four years out, most graduates will need to supplement this income or work significantly beyond typical full-time hours to achieve financial independence. If your child is committed to cosmetology in Pennsylvania, the data suggests looking at programs where graduates consistently earn above the state median of $16,236, ideally with debt loads that don't exceed 8-10 months of expected income.

Where Laurel Business Institute Stands

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

Laurel Business InstituteOther 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 Laurel Business Institute graduates compare to all programs nationally

Laurel Business Institute graduates earn $15k, placing them in the 31th 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
Laurel Business Institute$15,447$14,296$12,0000.78
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 Laurel Business Institute, approximately 49% 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 73 graduates with debt data. Small samples may not be representative.