Median Earnings (1yr)
$15,576
33rd percentile (40th in IL)
Median Debt
$13,038
32% above national median
Debt-to-Earnings
0.84
Manageable
Sample Size
136
Adequate data

Analysis

Midwest Technical Institute's cosmetology program falls short of what similar schools deliver in Illinois. With first-year earnings of $15,576, graduates earn less than the state median of $17,832β€”ranking in just the 40th percentile among Illinois cosmetology programs. The gap widens when you look at top performers: nearby programs like Illinois Eastern Community Colleges and Educators of Beauty in Peru see their graduates earning $24,000+, nearly $9,000 more annually. That's a substantial difference in an already modest-earning field.

The debt load of $13,038 adds to the challenge, running higher than both the state and national medians (around $9,800-$9,900). While the debt-to-earnings ratio of 0.84 isn't catastrophic, it means your child would owe nearly a full year's salary right out of the gate. The 12% earnings bump by year four helps, but $17,474 still leaves graduates struggling in an expensive metropolitan area. With 63% of students receiving Pell grants, this program serves a financially vulnerable population that needs strong placement outcomes.

For a cosmetology certificate, there are demonstrably better options within Illinois that could set your child up with 40-50% higher earnings from day one. Given the competitive landscape and below-median performance, this particular program makes it harder to launch a viable career than alternatives just down the road.

Where Midwest Technical Institute-Illinois Stands

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

Midwest Technical Institute-IllinoisOther 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 Midwest Technical Institute-Illinois graduates compare to all programs nationally

Midwest Technical Institute-Illinois graduates earn $16k, placing them in the 33th 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 Illinois

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

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Midwest Technical Institute-Illinois$15,576$17,474$13,0380.84
University of Aesthetics & Cosmetology$24,468$25,347$11,6670.48
Illinois Eastern Community Colleges$24,120β€”β€”β€”
Educators of Beauty College of Cosmetology-Peru$22,967$16,517$9,6460.42
The Aveda Institute of Beauty and Wellness Chicago$22,351$24,872$9,8330.44
Cosmetology & Spa Academy$22,096$22,148$9,8330.45
National Median$17,113β€”$9,8620.58

Other Cosmetology Programs in Illinois

Compare tuition, earnings, and debt across Illinois schools

SchoolIn-State TuitionEarnings (1yr)Debt
University of Aesthetics & Cosmetology
Chicago
β€”$24,468$11,667
Illinois Eastern Community Colleges
Olney
$4,390$24,120β€”
Educators of Beauty College of Cosmetology-Peru
PERU
β€”$22,967$9,646
The Aveda Institute of Beauty and Wellness Chicago
Chicago
β€”$22,351$9,833
Cosmetology & Spa Academy
Crystal Lake
β€”$22,096$9,833

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 Midwest Technical Institute-Illinois, approximately 63% 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 136 graduates with reported earnings and 163 graduates with debt data. Small samples may not be representative.