Median Earnings (1yr)
$24,952
95th percentile
60th percentile in Colorado
Median Debt
$11,833
20% above national median

Analysis

Paul Mitchell the School-Denver delivers significantly better outcomes than most cosmetology programs nationwide—its first-year earnings of $24,952 land in the 95th percentile nationally and run 46% above the typical program. With debt of just $11,833 (less than half a year's earnings), graduates leave with manageable financial obligations and can realistically pay off loans while building their careers. Nearly half the students receive Pell grants, suggesting the program serves a diverse economic population.

The Colorado picture requires more nuance. While this program still outperforms the state median by nearly $5,000 annually, it ranks in the middle of the pack (60th percentile) within Colorado's competitive cosmetology landscape. Several Colorado schools—including Elevate Salon Institute and Aveda Institute-Denver—produce graduates earning $26,000-$27,000 in their first year. The earnings decline to $22,164 by year four is also worth noting, though this pattern appears common in the beauty industry as some graduates shift to part-time work or independent contracting.

For families considering cosmetology training in Colorado, this represents a solid choice that minimizes debt while delivering above-average earnings. The school performs exceptionally well by national standards, even if it doesn't crack Colorado's top tier. The key question is whether the $3,000-$5,000 annual earnings gap compared to the state's best programs justifies shopping around—particularly for students who might secure similar training at a technical college with lower costs.

Where Paul Mitchell the School-Denver Stands

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

Earnings Distribution

How Paul Mitchell the School-Denver graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Paul Mitchell the School-Denver$24,952$22,164-11%
Aveda Institute-Denver$26,636$29,440+11%
Tigi Hairdressing Academy-Colorado Springs$21,501$26,021+21%
IBMC College$22,822$23,563+3%
United Beauty College$19,322$23,275+20%

Compare to Similar Programs in Colorado

Cosmetology certificate's programs at peer institutions in Colorado (28 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Paul Mitchell the School-DenverLakewood—$24,952$22,164$11,8330.47
Elevate Salon Institute-WestminsterWestminster—$27,005$18,694$12,0000.44
Aveda Institute-DenverDenver—$26,636$29,440$12,0000.45
Pickens Technical CollegeAurora$4,930$22,997$22,311$9,5000.41
IBMC CollegeFort Collins$15,320$22,822$23,563$9,8320.43
Northeastern Junior CollegeSterling$5,582$22,488—$8,5000.38
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 Paul Mitchell the School-Denver, approximately 46% 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 141 graduates with reported earnings and 148 graduates with debt data. Small samples may not be representative.