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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| — | $6,454 | $11,814 | $3,014 | 0.47 | |
| — | $12,927 | $8,936 | — | — | |
| — | $12,675 | — | — | — | |
| — | $10,641 | $12,285 | — | — | |
| $12,226 | $10,542 | $11,578 | — | — | |
| — | $10,432 | $19,024 | $3,500 | 0.34 | |
| 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 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.