Median Earnings (1yr)
$23,870
95th percentile
80th percentile in Indiana
Median Debt
$9,833
At national median

Analysis

Paul Mitchell Indianapolis graduates earn more than 95% of cosmetology certificate programs nationwide and place 80th percentile within Indiana—an impressive showing given that cosmetology earnings typically cluster in the low $20,000s. At $23,870 one year out, grads here earn $6,700 more than the national median and about $5,300 above Indiana's average. They're competing directly with Aveda Fredric's for top earnings in the state market, suggesting the school has either secured better placement relationships with higher-end salons or better prepares students for commission-based success.

The debt picture is reasonable for the field. While $9,833 borrowed sits right at the national median for cosmetology programs, it's actually lower than Indiana's typical $11,750, making the debt-to-earnings ratio of 0.41 manageable. Most graduates can realistically pay this down within two years of full-time work, even accounting for cosmetology's modest pay scale. The 3% earnings growth to year four is minimal but typical—most earning potential in this field comes from building a client base and chair rental arrangements rather than wage progression.

For parents funding a cosmetology education, this program delivers among the strongest financial outcomes you'll find in Indiana. The premium over other schools appears worth the investment, particularly compared to programs where graduates owe similar amounts but earn $4,000-5,000 less annually.

Where Paul Mitchell the School-Indianapolis Stands

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

Earnings Distribution

How Paul Mitchell the School-Indianapolis 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-Indianapolis$23,870$24,635+3%
Aveda Fredric's Institute-Indianapolis$24,147$26,688+11%
Rudae's School of Beauty Culture-Ft Wayne$19,131$22,549+18%
Tricoci University of Beauty Culture-Indianapolis$18,846$22,232+18%
Tricoci University of Beauty Culture-Lafayette$18,846$22,232+18%

Compare to Similar Programs in Indiana

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

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SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Paul Mitchell the School-IndianapolisIndianapolis$23,870$24,635$9,8330.41
Aveda Fredric's Institute-IndianapolisCarmel$24,147$26,688$9,8330.41
Summit Salon AcademyAnderson$21,529$22,057$11,7000.54
Paul Mitchell the School-MerrillvilleMerrillville$19,685$9,8330.50
Ideal Beauty AcademyJeffersonville$19,513$18,702$8,4010.43
Rudae's School of Beauty Culture-Ft WayneFort Wayne$19,131$22,549$11,0000.57
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-Indianapolis, approximately 29% 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 93 graduates with reported earnings and 100 graduates with debt data. Small samples may not be representative.