Analysis
Graduates of Modern Beauty Academy's cosmetology program earn around $12,500 in their first year—about $5,000 less than California's median for cosmetology programs and roughly $2,000 below the state's 25th percentile. The comparison to top-performing California programs is even starker: graduates from The Salon Professional Academy-San Jose earn nearly double ($24,660). While the debt load of $9,950 appears manageable in isolation, it represents 79% of first-year earnings, creating immediate financial pressure for recent graduates.
The earnings trajectory adds to the concern. Rather than building a client base and increasing income over time (which you'd expect in cosmetology), graduates here see their earnings decline to $11,699 by year four. This pattern suggests difficulties with client retention, job stability, or business development—skills essential to succeeding in the beauty industry. The 40th percentile ranking within California indicates this program sits below the state's midpoint, though it's worth noting the small sample size means these numbers could shift with more data.
For parents considering this investment, the math is problematic: their child would need nearly nine months of full-time earnings just to cover the debt, while working a job that pays below minimum wage and appears to offer limited growth. With 130 cosmetology programs in California, including several that deliver twice the earning power, this particular certificate doesn't make financial sense unless there are compelling geographic or personal reasons to choose this specific academy.
Where Modern Beauty Academy Stands
Earnings vs. debt across all cosmetology certificate's programs nationally
Earnings Distribution
How Modern Beauty Academy 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 |
|---|---|---|---|
| Modern Beauty Academy | $12,543 | $11,699 | -7% |
| Blake Austin College | $16,650 | $29,930 | +80% |
| Moler Barber College | $18,947 | $25,528 | +35% |
| The Salon Professional Academy-San Jose | $24,660 | $24,953 | +1% |
| Cinta Aveda Institute | $17,592 | $24,747 | +41% |
Compare to Similar Programs in California
Cosmetology certificate's programs at peer institutions in California (130 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| — | $12,543 | $11,699 | $9,950 | 0.79 | |
| — | $24,660 | $24,953 | $10,376 | 0.42 | |
| $1,366 | $23,253 | — | — | — | |
| — | $21,371 | $22,802 | $10,550 | 0.49 | |
| — | $21,184 | — | $13,341 | 0.63 | |
| — | $20,144 | — | — | — | |
| 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 Modern Beauty Academy, approximately 28% 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 27 graduates with reported earnings and 30 graduates with debt data. Small samples may not be representative.