Median Earnings (1yr)
$25,814
95th percentile
60th percentile in Minnesota
Median Debt
$8,778
11% below national median

Analysis

Model College of Hair Design's cosmetology program sits in an interesting position: it dramatically outperforms national standards while landing in the middle of Minnesota's competitive cosmetology scene. Graduates earn $25,814 in their first year—over $8,700 more than the national median and ranking in the 95th percentile nationally. However, within Minnesota's 17 cosmetology programs, this places at the 60th percentile, with several state programs producing notably higher earnings. The $8,778 debt load is actually lower than both state and national averages, creating a manageable debt-to-earnings ratio of 0.34.

The challenging aspect here is the earnings trajectory: income drops 13% by year four to $22,569. This pattern isn't unique to Model College—it's common across cosmetology—but it does mean your child's best earning years may come early in their career. For context, Saint Paul College's program produces first-year earnings of nearly $33,000, showing the range of outcomes possible within Minnesota.

For a Minnesota family, this program delivers solid value compared to national alternatives but represents a middle-tier option within the state. The low debt keeps financial risk contained, and nearly half of students qualify for Pell grants, suggesting the school serves working-class students successfully. If location in Saint Cloud matters or if your child has connected with this particular school, the numbers support enrollment—just know that Minnesota offers several higher-earning alternatives worth exploring first.

Where Model College of Hair Design Stands

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

Earnings Distribution

How Model College of Hair Design graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Model College of Hair Design$25,814$22,569-13%
Saint Paul College$32,987$36,693+11%
Aveda Arts & Sciences Institute Minneapolis$24,230$31,992+32%
Hastings Beauty School$23,396$30,145+29%
PCI Academy-Plymouth$24,178$29,405+22%

Compare to Similar Programs in Minnesota

Cosmetology certificate's programs at peer institutions in Minnesota (17 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Model College of Hair DesignSaint Cloud$25,814$22,569$8,7780.34
Saint Paul CollegeSaint Paul$6,318$32,987$36,693$14,2500.43
Nova Academy of CosmetologyRochester$25,754$27,175$9,9990.39
Nova Academy of Cosmetology WoodburyWOODBURY$24,617$28,029$10,1940.41
Minnesota State Community and Technical CollegeFergus Falls$5,900$24,367$10,1690.42
Aveda Arts & Sciences Institute MinneapolisMinneapolis$24,230$31,992$9,9410.41
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 Model College of Hair Design, approximately 45% 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 82 graduates with reported earnings and 81 graduates with debt data. Small samples may not be representative.