Analysis
Savannah Technical College's cosmetology program graduates start above both state and national averages, but the earnings trajectory tells a troubling story. First-year graduates earn $19,242—solidly in the 60th percentile among Georgia programs—but by year four, earnings drop to just $15,123. That's a 21% decline when graduates should be building clientele and raising prices.
The debt load compounds this problem. At nearly $20,000, graduates owe more than they'll earn in their first year, and twice the national median for cosmetology programs. While this puts the program in the 5th percentile nationally for debt (meaning very few programs carry higher debt loads), it's particularly harsh given the earnings decline. You're looking at debt that takes longer to repay as income shrinks rather than grows.
Among Georgia's 45 cosmetology programs, several alternatives deliver stronger outcomes. Lanier Technical College graduates earn $22,686—18% more than Savannah Tech's first-year figure—while other schools like Wiregrass Georgia Tech match Savannah's earnings with presumably lower debt burdens. For a field where many practitioners eventually work for themselves, starting with $20,000 in debt creates a significant handicap. Unless there are compelling location-specific reasons to attend Savannah Tech, the combination of high debt and declining earnings makes this a risky investment compared to other in-state options.
Where Savannah Technical College Stands
Earnings vs. debt across all cosmetology certificate's programs nationally
Earnings Distribution
How Savannah Technical College graduates compare to all programs nationally
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| Savannah Technical College | $19,242 | $15,123 | -21% |
| Gwinnett Technical College | $18,291 | $28,112 | +54% |
| Columbus Technical College | $19,094 | $27,211 | +43% |
| Elaine Sterling Institute | $15,263 | $24,675 | +62% |
| Keune Academy by 124 | $19,319 | $24,558 | +27% |
Compare to Similar Programs in Georgia
Cosmetology certificate's programs at peer institutions in Georgia (45 total in state)
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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $3,072 | $19,242 | $15,123 | $19,989 | 1.04 | |
| $3,716 | $22,686 | $23,453 | — | — | |
| — | $20,792 | — | $11,555 | 0.56 | |
| — | $20,551 | $19,533 | $9,398 | 0.46 | |
| $3,782 | $20,501 | — | — | — | |
| $3,212 | $19,659 | $17,642 | — | — | |
| National Median | — | $17,113 | — | $9,862 | 0.58 |
Career Paths
Occupations commonly associated with cosmetology graduates
Skincare Specialists
Barbers
Hairdressers, Hairstylists, and Cosmetologists
Manicurists and Pedicurists
Personal Service Managers, All Other
Fitness and Wellness Coordinators
Spa Managers
First-Line Supervisors of Personal Service Workers
Makeup Artists, Theatrical and Performance
Shampooers
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 Savannah Technical College, approximately 47% 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 46 graduates with reported earnings and 30 graduates with debt data. Small samples may not be representative.