Cosmetology at Summit Salon Academy
Undergraduate Certificate or Diploma
Analysis
Summit Salon Academy graduates start around $21,500 annually—landing in the 88th percentile nationally for cosmetology programs but falling mid-pack within Indiana at the 60th percentile. For context, that's roughly $3,000 less than graduates from Paul Mitchell's Indianapolis campus earn, though still $3,000 above the state median. The nearly $12,000 in typical debt sits right at Indiana's average for cosmetology programs, creating a manageable debt-to-earnings ratio of 0.54.
What makes this tricky is the minimal earnings growth over the first four years—just 3%, or about $500 total. In cosmetology, where building a client base and chair rental arrangements can significantly boost income, this flat trajectory suggests graduates may face challenges gaining traction in Anderson's market. Nearly half the students receive Pell grants, indicating this serves a population where even modest debt matters.
The verdict: Summit delivers solid training that places graduates well above national standards, but the combination of middle-tier Indiana earnings and stagnant income growth means your child would need to be strategic about building clientele quickly. If they can secure employment at a busy salon or eventually work toward booth rental, the initial debt becomes quite manageable. Just know they're starting behind graduates from the top Indianapolis programs, which might be worth the commute if location flexibility exists.
Where Summit Salon Academy Stands
Earnings vs. debt across all cosmetology certificate's programs nationally
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 Summit Salon Academy graduates compare to all programs nationally
Summit Salon Academy graduates earn $22k, placing them in the 88th 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 Indiana
Cosmetology certificate's programs at peer institutions in Indiana (28 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Summit Salon Academy | $21,529 | $22,057 | $11,700 | 0.54 |
| Aveda Fredric's Institute-Indianapolis | $24,147 | $26,688 | $9,833 | 0.41 |
| Paul Mitchell the School-Indianapolis | $23,870 | $24,635 | $9,833 | 0.41 |
| Paul Mitchell the School-Merrillville | $19,685 | — | $9,833 | 0.50 |
| Ideal Beauty Academy | $19,513 | $18,702 | $8,401 | 0.43 |
| Rudae's School of Beauty Culture-Ft Wayne | $19,131 | $22,549 | $11,000 | 0.57 |
| National Median | $17,113 | — | $9,862 | 0.58 |
Other Cosmetology Programs in Indiana
Compare tuition, earnings, and debt across Indiana schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Aveda Fredric's Institute-Indianapolis Carmel | — | $24,147 | $9,833 |
| Paul Mitchell the School-Indianapolis Indianapolis | — | $23,870 | $9,833 |
| Paul Mitchell the School-Merrillville Merrillville | — | $19,685 | $9,833 |
| Ideal Beauty Academy Jeffersonville | — | $19,513 | $8,401 |
| Rudae's School of Beauty Culture-Ft Wayne Fort Wayne | — | $19,131 | $11,000 |
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 Summit Salon Academy, approximately 44% 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 77 graduates with reported earnings and 90 graduates with debt data. Small samples may not be representative.