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For-profit College

American Hair Academy

For-profit College in Mt. Pleasant, IA. Six-year graduation rate 69%. Median 10-year earnings $28,724.

Verdict Mixed outcomes
American Hair Academy · Campus
Median earnings · 10 yr
$28,724
Graduation rate
69.2%
Federal loan default
0%

Ten-year median earnings of $28,724 are on the low side, which raises the bar for what this degree needs to cost. 69% graduate within six years, so most students who start here finish here.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
58%
Transfer-out rate
0%
Student:faculty
13:1

Six-year completion runs to 69% — students who start here overwhelmingly finish here. 58% first-year retention is low enough to be the defining risk of enrolling here. At 13:1, students get materially more instructor contact than at a typical public university. This is a for-profit short-program school. That is not disqualifying, but it does mean verifying accreditation, transferability of credits, and job-placement claims directly rather than trusting the category. At 32 undergraduates, expect a small, closely-held student body.

Financial Aid

Average net price
$8,611
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
41%
degree- or certificate-seeking undergraduates
% receiving federal loans
53%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 32 degree- or certificate-seeking undergraduates

Students pay an average of $8,611 annually, well below typical undergraduate net price. Grant aid is limited — 41% of students receive any. 53% of students take federal loans, a middling borrowing rate.

Entering first-year students

A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.

% receiving grants
29%
Average grant
$7,395

IPEDS Student Financial Aid · 2023-24 · 14 students

Net price by family income

The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.

Family income band Average net price
$0–30k $11,556
$30–48k —
$48–75k —
$75–110k —
$110k+ —

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 17 of these 32 students, totalling $139,027 — an average of $8,178 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Henry County) — budget these against any cost-of-attendance housing estimate.

Studio
$647/mo
1 bedroom
$716/mo
2 bedroom (whole unit)
$939/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Compare American Hair Academy with peer institutions

How we evaluate American Hair Academy

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →