Analysis
My Le's Beauty College graduates start at $17,980—outperforming both Louisiana's state median ($15,617) and the national median for cosmetology programs. That's a meaningful advantage in a field where every thousand dollars matters, and with $9,000 in debt, graduates face manageable loan payments relative to their starting income. The school serves primarily Pell Grant students (70%), making these outcomes particularly noteworthy.
The concerning part is what happens next: earnings drop to $15,647 by year four, a 13% decline that erases the initial advantage. This backward trajectory isn't unusual in beauty services—stylists often earn less as independent contractors than as commissioned employees, or they reduce hours for lifestyle reasons—but it complicates the financial picture. At least graduates enter with less debt than the Louisiana average ($12,886), giving them some cushion during leaner years.
For parents of students passionate about cosmetology, this program clears the basic bar: lower debt than most Louisiana competitors and first-year earnings that support loan repayment. Just understand that the income peak comes immediately after graduation rather than building over time. If your child plans to eventually own a salon or work in upscale markets, the initial training here provides a foundation without crushing debt. For someone seeking steadily growing wages, the earnings pattern tells a different story.
Where My Le's Beauty College Stands
Earnings vs. debt across all cosmetology certificate's programs nationally
Earnings Distribution
How My Le's Beauty College 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 |
|---|---|---|---|
| My Le's Beauty College | $17,980 | $15,647 | -13% |
| Aveda Arts & Sciences Institute-Covington | $18,605 | $23,872 | +28% |
| Belbo Beauty Institute | $16,842 | $21,185 | +26% |
| Paul Mitchell the School-Baton Rouge | $16,701 | $20,732 | +24% |
| Paul Mitchell the School-New Orleans | $16,701 | $20,732 | +24% |
Compare to Similar Programs in Louisiana
Cosmetology certificate's programs at peer institutions in Louisiana (43 total in state)
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| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| $17,980 | $15,647 | $9,000 | 0.50 | |
| $19,545 | — | $16,500 | 0.84 | |
| $18,605 | $23,872 | $9,833 | 0.53 | |
| $18,093 | — | — | — | |
| $17,929 | $18,058 | $13,272 | 0.74 | |
| $17,493 | $19,916 | $8,093 | 0.46 | |
| 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 My Le's Beauty College, approximately 70% 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 97 graduates with reported earnings and 22 graduates with debt data. Small samples may not be representative.