Median Earnings (1yr)
$24,617
95th percentile (60th in MN)
Median Debt
$10,194
3% above national median
Debt-to-Earnings
0.41
Manageable
Sample Size
225
Adequate data

Analysis

Nova Academy of Cosmetology Woodbury graduates earn 44% more than the typical cosmetology certificate holder nationwide—a substantial premium that puts this program in the 95th percentile nationally. With first-year earnings of $24,617 and manageable debt of just over $10,000, graduates face a debt load equal to less than half their first-year salary, one of the better financial pictures you'll find in beauty school programs. Nearly half the student body receives Pell grants, suggesting this program successfully serves students from modest economic backgrounds.

Within Minnesota, the picture is more competitive but still solid. The program sits right at the state median for earnings, trailing a handful of schools like Saint Paul College but matching most others. What's encouraging is the 14% earnings growth through year four—reaching $28,029—which suggests graduates build sustainable careers rather than churning out quickly. Minnesota's cosmetology market appears healthier overall than most states, with even median programs here outperforming the vast majority of programs nationally.

For a career field where many programs leave graduates earning barely enough to service their loans, this represents a genuine success story. Your child would enter a licensed profession with reasonable debt and earning potential that exceeds most of their national peers from day one.

Where Nova Academy of Cosmetology Woodbury Stands

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

Nova Academy of Cosmetology WoodburyOther cosmetology programs

Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.

Earnings Distribution

How Nova Academy of Cosmetology Woodbury graduates compare to all programs nationally

Nova Academy of Cosmetology Woodbury graduates earn $25k, placing them in the 95th percentile of all cosmetology certificate programs nationally.

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.

Compare to Similar Programs in Minnesota

Cosmetology certificate's programs at peer institutions in Minnesota (17 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Nova Academy of Cosmetology Woodbury$24,617$28,029$10,1940.41
Saint Paul College$32,987$36,693$14,2500.43
Model College of Hair Design$25,814$22,569$8,7780.34
Nova Academy of Cosmetology$25,754$27,175$9,9990.39
Minnesota State Community and Technical College$24,367—$10,1690.42
Aveda Arts & Sciences Institute Minneapolis$24,230$31,992$9,9410.41
National Median$17,113—$9,8620.58

Other Cosmetology Programs in Minnesota

Compare tuition, earnings, and debt across Minnesota schools

SchoolIn-State TuitionEarnings (1yr)Debt
Saint Paul College
Saint Paul
$6,318$32,987$14,250
Model College of Hair Design
Saint Cloud
—$25,814$8,778
Nova Academy of Cosmetology
Rochester
—$25,754$9,999
Minnesota State Community and Technical College
Fergus Falls
$5,900$24,367$10,169
Aveda Arts & Sciences Institute Minneapolis
Minneapolis
—$24,230$9,941

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 Nova Academy of Cosmetology Woodbury, approximately 48% 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 225 graduates with reported earnings and 254 graduates with debt data. Small samples may not be representative.