Median Earnings (1yr)
$17,556
54th percentile (40th in IN)
Median Debt
$9,833
At national median
Debt-to-Earnings
0.56
Manageable
Sample Size
72
Adequate data

Analysis

Summit Salon Academy-Kokomo graduates start at $17,556—just above the national median but falling short of Indiana's typical $18,592. More concerning is the trajectory: earnings slip to $16,507 by year four, representing a 6% decline when most workers expect growth. This places the program in the 40th percentile among Indiana's 28 cosmetology schools, meaning six out of ten competitors deliver better outcomes. The state's top programs—like Aveda Fredric's Institute and Paul Mitchell Indianapolis—generate earnings 35-40% higher, suggesting significant differences in training quality, salon placement networks, or regional market access.

The $9,833 debt load is manageable at first glance, taking about seven months of gross earnings to repay. However, paired with declining earnings, this becomes trickier: graduates are earning less in year four than year one, making that debt relatively heavier over time. The moderate sample size (30-100 graduates) means this pattern is reliable enough to warrant attention.

For families considering this program, the key question is whether Kokomo's local salon market justifies the investment when Indianapolis-area schools consistently produce stronger outcomes. If staying local is essential and your child has strong entrepreneurial plans or family connections in the industry, this could work. Otherwise, the extra commute to a top-performing Indianapolis program could mean an additional $6,000-7,000 in annual earnings—enough to offset travel costs within the first year.

Where Summit Salon Academy-Kokomo Stands

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

Summit Salon Academy-KokomoOther 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 Summit Salon Academy-Kokomo graduates compare to all programs nationally

Summit Salon Academy-Kokomo graduates earn $18k, placing them in the 54th 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)

SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Summit Salon Academy-Kokomo$17,556$16,507$9,8330.56
Aveda Fredric's Institute-Indianapolis$24,147$26,688$9,8330.41
Paul Mitchell the School-Indianapolis$23,870$24,635$9,8330.41
Summit Salon Academy$21,529$22,057$11,7000.54
Paul Mitchell the School-Merrillville$19,685—$9,8330.50
Ideal Beauty Academy$19,513$18,702$8,4010.43
National Median$17,113—$9,8620.58

Other Cosmetology Programs in Indiana

Compare tuition, earnings, and debt across Indiana schools

SchoolIn-State TuitionEarnings (1yr)Debt
Aveda Fredric's Institute-Indianapolis
Carmel
—$24,147$9,833
Paul Mitchell the School-Indianapolis
Indianapolis
—$23,870$9,833
Summit Salon Academy
Anderson
—$21,529$11,700
Paul Mitchell the School-Merrillville
Merrillville
—$19,685$9,833
Ideal Beauty Academy
Jeffersonville
—$19,513$8,401

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-Kokomo, approximately 52% 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 72 graduates with reported earnings and 84 graduates with debt data. Small samples may not be representative.