Median Earnings (1yr)
$29,327
95th percentile
Median Debt
$11,809
20% above national median

Analysis

The Hair Academy's graduates earn $29,327 in their first year—71% more than the national median for cosmetology programs and placing them in the 95th percentile nationally. That's an impressive outcome for a field where many programs leave students earning well below $20,000. The $11,809 in median debt is reasonable for the field and creates a debt-to-earnings ratio of 0.40, meaning graduates can expect to earn back their investment in less than six months.

Within North Dakota, this program holds its own at the 60th percentile, essentially matching what The Salon Professional Academy-Fargo delivers. While Josef's schools show slightly lower earnings, the practical difference is minimal—we're talking about variations of just a few hundred dollars annually in a state where the cosmetology market appears fairly consistent. The modest 3% earnings growth from year one to year four suggests graduates hit their earning potential quickly, which is typical for licensed trades where income depends more on building a client base than climbing a career ladder.

For parents concerned about cosmetology training, this program stands out nationally while delivering competitive results locally. The combination of manageable debt and first-year earnings that significantly exceed national norms makes this a solid choice if your child is committed to the profession.

Where The Hair Academy Stands

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

Earnings Distribution

How The Hair Academy graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
The Hair Academy$29,327$30,176+3%
Institute of Advanced Medical Esthetics$27,490$36,799+34%
The Salon Professional Academy-Fargo$29,330$28,322-3%
Josef's School of Hair Skin & Body-Grand Forks$28,331$25,387-10%
Josef's School of Hair Skin & Body-Fargo$28,331$25,387-10%

Compare to Similar Programs in North Dakota

Cosmetology certificate's programs at peer institutions in North Dakota (4 total in state)

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SchoolEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
The Hair AcademyBismarck$29,327$30,176$11,8090.40
The Salon Professional Academy-FargoFargo$29,330$28,322$12,0000.41
Josef's School of Hair Skin & Body-Grand ForksGrand Forks$28,331$25,387$12,0000.42
Josef's School of Hair Skin & Body-FargoFargo$28,331$25,387$12,0000.42
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 The Hair Academy, approximately 29% 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 39 graduates with reported earnings and 37 graduates with debt data. Small samples may not be representative.