Median Earnings (1yr)
$20,537
80th percentile (60th in OR)
Median Debt
$11,969
21% above national median
Debt-to-Earnings
0.58
Manageable
Sample Size
30
Adequate data

Analysis

Phagans School of Beauty graduates see their earnings jump nearly 30% between years one and four—an unusually strong growth trajectory for cosmetology programs, where many graduates plateau early. Starting at $20,537, students climb to $26,465 by year four, placing this program in the 80th percentile nationally and ahead of most Oregon competitors except Summit Salon Academy and Aveda Institute. For a field where the national median sits at just $17,113, these outcomes represent solid footing.

The $11,969 in median debt translates to about seven months of first-year earnings—manageable in an industry where many students borrow more for less promising outcomes. While this isn't the cheapest Oregon cosmetology program (the state median debt is $10,743), you're paying modestly more for earnings that outpace 60% of in-state alternatives. The 65% Pell grant rate suggests the school successfully serves students who need financial aid without saddling them with crushing debt.

For parents concerned about return on investment in beauty school, this program offers a practical path: reasonable debt, above-average starting earnings, and—crucially—meaningful income growth over the first four years. Just know you're not getting Portland's top-tier earnings unless you're willing to pay more or commute.

Where Phagans School of Beauty Stands

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

Phagans School of BeautyOther 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 Phagans School of Beauty graduates compare to all programs nationally

Phagans School of Beauty graduates earn $21k, placing them in the 80th 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 Oregon

Cosmetology certificate's programs at peer institutions in Oregon (18 total in state)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Phagans School of Beauty$20,537$26,465$11,9690.58
Summit Salon Academy-Portland$27,110—$16,5000.61
Aveda Institute-Portland$21,907$28,091$10,5560.48
Phagans Beauty College$19,966$22,346$11,9240.60
College of Hair Design Careers$19,284———
Northwest College-Beaverton$18,371$22,752$10,7430.58
National Median$17,113—$9,8620.58

Other Cosmetology Programs in Oregon

Compare tuition, earnings, and debt across Oregon schools

SchoolIn-State TuitionEarnings (1yr)Debt
Summit Salon Academy-Portland
Tigard
—$27,110$16,500
Aveda Institute-Portland
Portland
—$21,907$10,556
Phagans Beauty College
Corvallis
—$19,966$11,924
College of Hair Design Careers
Salem
—$19,284—
Northwest College-Beaverton
Beaverton
—$18,371$10,743

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 Phagans School of Beauty, approximately 65% 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 30 graduates with reported earnings and 43 graduates with debt data. Small samples may not be representative.