Median Earnings (1yr)
$17,239
51st percentile (40th in TN)
Median Debt
$14,557
48% above national median
Debt-to-Earnings
0.84
Manageable
Sample Size
137
Adequate data

Analysis

Paul Mitchell Memphis graduates start earning slightly below Tennessee's median for cosmetology programs—$17,239 versus the state's $17,506—and rank in just the 40th percentile statewide. That matters because Tennessee has several schools producing notably stronger outcomes: graduates from The Salon Professional Academy-Nashville earn $25,878, while Tennessee College of Applied Technology-Murfreesboro hits $22,176. Even compared nationally, this program sits right at the median, not above it.

The debt picture offers some relief. At $14,557, it's higher than both state and national medians (around $10,000), but the debt-to-earnings ratio of 0.84 means graduates owe less than one year's income—manageable in the cosmetology field where keeping debt low is crucial. The 27% earnings growth to $21,824 by year four shows graduates are building their businesses or advancing, though that's still thousands below what top Tennessee programs achieve from the start.

For families paying close to the national average in debt to land in the bottom half of Tennessee's cosmetology market, this is worth questioning. With nearly five dozen alternatives in-state and several delivering 20-40% higher earnings immediately, Paul Mitchell Memphis isn't the value leader here. If location flexibility exists, compare closely with programs like TCAT-Murfreesboro that combine lower debt with stronger earning potential.

Where Paul Mitchell the School-Memphis Stands

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

Paul Mitchell the School-MemphisOther 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 Paul Mitchell the School-Memphis graduates compare to all programs nationally

Paul Mitchell the School-Memphis graduates earn $17k, placing them in the 51th 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 Tennessee

Cosmetology certificate's programs at peer institutions in Tennessee (47 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Paul Mitchell the School-Memphis$17,239$21,824$14,5570.84
The Salon Professional Academy-Nashville$25,878$29,204$9,8330.38
Tennessee College of Applied Technology-Murfreesboro$22,176———
Image Maker Beauty Institute$21,451—$11,5800.54
Austin's Beauty College Inc$20,977—$9,8330.47
Brillare Beauty Institute$20,885—$7,9170.38
National Median$17,113—$9,8620.58

Other Cosmetology Programs in Tennessee

Compare tuition, earnings, and debt across Tennessee schools

SchoolIn-State TuitionEarnings (1yr)Debt
The Salon Professional Academy-Nashville
Nashville
—$25,878$9,833
Tennessee College of Applied Technology-Murfreesboro
Murfreesboro
—$22,176—
Image Maker Beauty Institute
Hendersonville
—$21,451$11,580
Austin's Beauty College Inc
Clarksville
—$20,977$9,833
Brillare Beauty Institute
Cleveland
—$20,885$7,917

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-Memphis, approximately 57% 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 137 graduates with reported earnings and 150 graduates with debt data. Small samples may not be representative.