Cosmetology at Nova Academy of Cosmetology Woodbury
Undergraduate Certificate or Diploma
novaacademy.eduAnalysis
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
Earnings Distribution
How Nova Academy of Cosmetology Woodbury 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 |
|---|---|---|---|
| Nova Academy of Cosmetology Woodbury | $24,617 | $28,029 | +14% |
| Saint Paul College | $32,987 | $36,693 | +11% |
| Aveda Arts & Sciences Institute Minneapolis | $24,230 | $31,992 | +32% |
| Hastings Beauty School | $23,396 | $30,145 | +29% |
| PCI Academy-Plymouth | $24,178 | $29,405 | +22% |
Compare to Similar Programs in Minnesota
Cosmetology certificate's programs at peer institutions in Minnesota (17 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| — | $24,617 | $28,029 | $10,194 | 0.41 | |
| $6,318 | $32,987 | $36,693 | $14,250 | 0.43 | |
| — | $25,814 | $22,569 | $8,778 | 0.34 | |
| — | $25,754 | $27,175 | $9,999 | 0.39 | |
| $5,900 | $24,367 | — | $10,169 | 0.42 | |
| — | $24,230 | $31,992 | $9,941 | 0.41 | |
| 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 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.