Median Earnings (1yr)
$21,529
88th percentile
60th percentile in Indiana
Median Debt
$11,700
19% above national median

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

Earnings Distribution

How Summit Salon Academy graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Summit Salon Academy$21,529$22,057+2%
Aveda Fredric's Institute-Indianapolis$24,147$26,688+11%
Paul Mitchell the School-Indianapolis$23,870$24,635+3%
Rudae's School of Beauty Culture-Ft Wayne$19,131$22,549+18%
Tricoci University of Beauty Culture-Indianapolis$18,846$22,232+18%

Compare to Similar Programs in Indiana

Cosmetology certificate's programs at peer institutions in Indiana (28 total in state)

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SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Summit Salon AcademyAnderson$21,529$22,057$11,7000.54
Aveda Fredric's Institute-IndianapolisCarmel$24,147$26,688$9,8330.41
Paul Mitchell the School-IndianapolisIndianapolis$23,870$24,635$9,8330.41
Paul Mitchell the School-MerrillvilleMerrillville$19,685$9,8330.50
Ideal Beauty AcademyJeffersonville$19,513$18,702$8,4010.43
Rudae's School of Beauty Culture-Ft WayneFort Wayne$19,131$22,549$11,0000.57
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 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.