Median Earnings (1yr)
$17,390
52nd percentile
60th percentile in Massachusetts
Median Debt
$8,083
18% below national median

Analysis

New England Hair Academy delivers middle-of-the-pack first-year earnings, but here's what matters: graduates see their income jump 51% by year four—reaching $26,294, which approaches what the state's top programs produce initially. Among Massachusetts cosmetology schools, this program ranks in the 60th percentile for earnings, meaning it outperforms most of the state's 22 options despite a slow start. The $8,083 debt load sits below both the state and national medians, creating a manageable entry point into the field.

The trade-off is clear: your child will likely start at barely above minimum wage ($17,390 annually), which means tight budgeting in those first years. But the earnings trajectory shows steady improvement as graduates build clientele and skills. The debt-to-earnings ratio of 0.46 means they'd owe roughly half their first-year income—not ideal, but workable with careful planning.

For a Massachusetts family, this represents a reasonable path into cosmetology without the premium pricing of top-tier schools like Catherine Hinds, where graduates earn $26,000 immediately but presumably carry higher debt. The question is whether your child can weather those lean early years while building their career.

Where New England Hair Academy Stands

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

Earnings Distribution

How New England Hair Academy graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
New England Hair Academy$17,390$26,294+51%
COLLECTIV Academy-Worcester$20,720$26,886+30%
EINE Inc$20,496$26,067+27%
Catherine Hinds Institute of Esthetics$26,234$24,607-6%
Spa Tech Institute-Westboro$21,124$23,325+10%

Compare to Similar Programs in Massachusetts

Cosmetology certificate's programs at peer institutions in Massachusetts (22 total in state)

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SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
New England Hair AcademyMalden$17,390$26,294$8,0830.46
Catherine Hinds Institute of EstheticsWoburn$26,234$24,607$7,6670.29
Spa Tech Institute-WestboroWestborough$21,124$23,325$7,1170.34
Spa Tech Institute-PlymouthPlymouth$21,124$23,325$7,1170.34
COLLECTIV Academy-WorcesterWorcester$20,720$26,886$10,6670.51
EINE IncTewksbury$20,496$26,067$8,8330.43
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 New England Hair Academy, approximately 32% 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 107 graduates with reported earnings and 49 graduates with debt data. Small samples may not be representative.