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
Earnings Distribution
How Laurel Business Institute 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 |
|---|---|---|---|
| Laurel Business Institute | $15,447 | $14,296 | -7% |
| 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 |
|---|---|---|---|---|---|
| $11,470 | $15,447 | $14,296 | $12,000 | 0.78 | |
| — | $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 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.