Median Earnings (1yr)
$6,454
5th percentile
25th percentile in Puerto Rico
Median Debt
$3,014
69% below national median

Analysis

The numbers here tell two very different stories depending on your timeline. While first-year earnings of $6,454 rank near the bottom both nationally (5th percentile) and within Puerto Rico (25th percentile, well below the state median of $8,804), graduates nearly double their income by year four. That 83% earnings growth is notable—but even at $11,814 four years out, this still trails the top-performing PR cosmetology programs by roughly $1,000 to $4,000 annually.

The relatively low debt load of $3,014 works in this program's favor, coming in below Puerto Rico's median for cosmetology programs. With nearly all students qualifying for Pell grants, the financial risk is manageable if your child can navigate the lean early years. However, the earnings trajectory raises a practical concern: can a recent graduate survive on roughly $540 monthly in that critical first year? That's the period when building a client base matters most, and financial pressure could derail career development before the income growth kicks in.

For families where the student lives at home and has financial support during the apprenticeship phase, this becomes more viable. But compared to programs like Nova College de Puerto Rico or Institucion Chaviano de Mayaguez—where graduates earn $12,000+ even in early years—you're accepting significantly lower immediate returns. If strong family support isn't in place, those higher-earning alternatives deserve serious consideration.

Where Modern Hairstyling Institute-Carolina Stands

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

Earnings Distribution

How Modern Hairstyling Institute-Carolina graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Modern Hairstyling Institute-Carolina$6,454$11,814+83%
Instituto Educativo Premier$10,432$19,024+82%
Cambridge Technical Institute$4,506$18,958+321%
NUC University$10,216$14,604+43%
D'Mart Institute$7,908$12,705+61%

Compare to Similar Programs in Puerto Rico

Cosmetology certificate's programs at peer institutions in Puerto Rico (35 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Modern Hairstyling Institute-CarolinaCarolina$6,454$11,814$3,0140.47
Nova College de Puerto RicoBayamon$12,927$8,936
Institucion Chaviano de MayaguezMayaguez$12,675
Antilles School of Technical CareersSan Juan$10,641$12,285
Liceo de Arte-Dise-O y ComercioCaguas$12,226$10,542$11,578
Instituto Educativo PremierPonce$10,432$19,024$3,5000.34
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 Modern Hairstyling Institute-Carolina, approximately 96% 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 32 graduates with reported earnings and 25 graduates with debt data. Small samples may not be representative.