Cosmetology at Michigan College of Beauty-Troy

Michigan College of Beauty-Troy graduates earn about $1,500 more per year than the typical Michigan cosmetology program grad, placing it in the 60th percentile statewide—a meaningful advantage in a field where small dollar differences matter. First-year earnings of $16,695 climb to $20,457 by year four, showing 23% growth that suggests graduates build clientele and skills over time. The debt load of $9,639 is modest and manageable, requiring less than seven months of first-year earnings to repay.

The real question is whether cosmetology as a career path makes financial sense, regardless of school. These earnings require multiple revenue streams—many successful stylists supplement salon work with tips, product sales, or booth rentals that aren't captured in wage data. The 68% Pell Grant rate indicates this program serves predominantly working-class students seeking practical job skills, and within that context, Michigan College of Beauty performs better than most in-state competitors.

If your child is committed to cosmetology, this school delivers slightly above-average outcomes for Michigan at a reasonable price. Just understand that building a sustainable income in this field typically requires years of client development and entrepreneurial hustle beyond the initial certificate.