Median Earnings (1yr)
$18,699
64th percentile
40th percentile in Missouri
Median Debt
$9,701
2% below national median

Analysis

SPBK Enterprises' cosmetology program sits in an uncomfortable middle ground—performing well above the national average but falling short of what's typical in Missouri's competitive beauty school market. First-year earnings of $18,699 land in the 64th percentile nationally but just the 40th percentile statewide, meaning graduates earn about $2,200 less than the Missouri median. This gap matters in a field where most students stay local and compete directly with graduates from stronger in-state programs.

The good news is trajectory. Earnings climb 26% by year four, reaching $23,555—respectable growth that suggests graduates build clientele and skills over time. The debt load of $9,701 is manageable at just over half of first-year earnings, and 45% of students receive Pell grants, indicating the program serves working-class families who need affordable entry into the profession.

For Missouri families, this creates a real dilemma. Your child could attend this program and earn decent money relative to cosmetology programs nationwide, but they'd likely trail peers from schools like Summit Salon Academy Kansas City or even nearby Warrensburg by $5,000-9,000 annually. If staying in Missouri is the plan—and for most cosmetology graduates, it is—investigate why this program lags its state peers. The answer likely lies in placement networks, advanced training offerings, or regional salon relationships that better programs have cultivated.

Where SPBK Enterprises Inc Stands

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

Earnings Distribution

How SPBK Enterprises Inc graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
SPBK Enterprises Inc$18,699$23,555+26%
The Salon Professional Academy-St Charles$23,204$26,884+16%
Paul Mitchell the School-St Louis$22,147$26,691+21%
Summit Salon Academy Kansas City$27,878$23,669-15%
Grabber School of Hair Design$22,626$22,087-2%

Compare to Similar Programs in Missouri

Cosmetology certificate's programs at peer institutions in Missouri (26 total in state)

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SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
SPBK Enterprises IncWebb City$18,699$23,555$9,7010.52
Summit Salon Academy Kansas CityIndependence$27,878$23,669$11,9810.43
Warrensburg Area Career CenterWarrensburg$23,749$19,522——
House of Heavilin Beauty College-Blue SpringsBlue Springs$23,309$20,195$8,0490.35
The Salon Professional Academy-St CharlesSt. Charles$23,204$26,884$9,8330.42
Grabber School of Hair DesignSt. Louis$22,626$22,087$12,4650.55
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 SPBK Enterprises Inc, approximately 45% 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 66 graduates with reported earnings and 71 graduates with debt data. Small samples may not be representative.