Cosmetology at Phagans Beauty College

Phagans Beauty College graduates earn notably more than the typical cosmetology program—landing in the 75th percentile nationally and 60th percentile among Oregon schools. At $19,966 in the first year, graduates make about $2,800 more than the national median for this field. The debt load of $11,924 is manageable at 60% of first-year earnings, meaning most graduates could reasonably pay this off within two years while building their careers.

The 12% earnings growth to $22,346 by year four suggests graduates are successfully building clientele and advancing their careers, though they're still earning less than Oregon's top programs like Summit Salon Academy (which hits $27,110). With 43% of students receiving Pell grants, this school clearly serves working-class families who need affordable training with a realistic path to self-sufficiency.

For parents, this program offers what you want from trade school: relatively quick training, manageable debt, and earnings that beat most competitors while staying well above the poverty line. Your child won't get rich doing hair, but they'll have a skill that travels well, offers flexible hours, and provides steady income right away. The value here is solid if your child genuinely wants to work in beauty—just know they'll likely earn less than peers who attend Portland's higher-performing academies.