Median Earnings (1yr)
$24,617
95th percentile
60th percentile in Minnesota
Median Debt
$10,194
3% above national median

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

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

School1 Year4 YearsGrowth
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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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Nova Academy of Cosmetology WoodburyWOODBURY$24,617$28,029$10,1940.41
Saint Paul CollegeSaint Paul$6,318$32,987$36,693$14,2500.43
Model College of Hair DesignSaint Cloud$25,814$22,569$8,7780.34
Nova Academy of CosmetologyRochester$25,754$27,175$9,9990.39
Minnesota State Community and Technical CollegeFergus Falls$5,900$24,367$10,1690.42
Aveda Arts & Sciences Institute MinneapolisMinneapolis$24,230$31,992$9,9410.41
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 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.