Median Earnings (1yr)
$16,482
43rd percentile
40th percentile in Florida
Median Debt
$7,208
27% below national median

Analysis

With earnings jumping 41% from $16,482 to $23,207 over four years, Loraines Academy graduates show uncommon income growth in a field where many workers plateau quickly. That trajectory matters because the starting wage sits below both state and national medians—40th percentile in Florida means six out of ten cosmetology programs here produce higher initial earnings. But what you're buying is a $7,208 entry ticket to a profession, compared to nearly $10,000 at the typical Florida school, and graduates appear to build clientele and skills that translate to meaningful raises.

The concern is how far this program lags Florida's strongest performers. The top schools in the state—think Palm Beach State or Florida State College at Jacksonville—produce graduates earning 50-70% more even in year one. That gap suggests differences in local market access, training reputation, or employer networks that don't fully close over time. Still, the debt load here creates reasonable risk: you'd need about five months of earnings to clear it, versus seven months at schools with heavier borrowing.

For families watching every dollar and willing to accept middle-of-the-pack placement, this works as an affordable path into cosmetology. Just recognize that choosing a higher-ranked Florida program—especially a technical or state college—could mean faster financial independence from day one.

Where Loraines Academy & Spa Stands

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

Earnings Distribution

How Loraines Academy & Spa graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Loraines Academy & Spa$16,482$23,207+41%
Palm Beach State College$24,361$29,926+23%
Paul Mitchell the School-Fort Lauderdale$17,570$27,864+59%
Florida Academy$16,245$26,868+65%
Daytona College$20,872$25,239+21%

Compare to Similar Programs in Florida

Cosmetology certificate's programs at peer institutions in Florida (127 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Loraines Academy & SpaSaint Petersburg—$16,482$23,207$7,2080.44
Florida State College at JacksonvilleJacksonville$2,878$29,668$16,935$13,5770.46
Palm Beach State CollegeLake Worth$3,050$24,361$29,926$9,5000.39
Pensacola State CollegePensacola$2,348$23,911$19,755$5,5000.23
Suncoast Technical CollegeSarasota—$22,662———
Tom P. Haney Technical CollegePanama City—$22,028$18,101——
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 Loraines Academy & Spa, approximately 62% 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 65 graduates with reported earnings and 79 graduates with debt data. Small samples may not be representative.