undergradly.
For-profit College

Cosmetology &
Spa Academy

For-profit College in Crystal Lake, IL. Median 10-year earnings $29,779.

Verdict Mixed outcomes
Cosmetology & Spa Academy · Campus
Median earnings · 10 yr
$29,779
Median debt at grad
$7,917
Federal loan default
0%

Median earnings ten years after entry come to $29,779, below what most undergraduate institutions return — the central fact to weigh against cost here. Graduates leave owing a median of $7,917 — modest by four-year standards.

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

Green Flags
  • ✓ Debt-to-income ratio 0.27 — healthy (below the 0.40 threshold)
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
85%
Transfer-out rate
—
Student:faculty
20:1

The federal six-year graduation rate is not published here — typically because the entering cohort this measure follows is too small or too atypical to report. Treat completion as unknown rather than assuming either direction. 85% of full-time first-years return for a second year — a healthy figure. At 20:1, class sizes land in the normal range for an undergraduate institution. 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 718 undergraduates, expect a small, closely-held student body.

Financial Aid

Average net price
$15,436
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
61%
degree- or certificate-seeking undergraduates
% receiving federal loans
66%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 718 degree- or certificate-seeking undergraduates

Students pay an average of $15,436 annually once grants are applied. Income makes less difference than usual: $15,876 at $0–30k, $21,104 at $110k+. 61% of students receive grant aid, averaging $4,410 — common but not automatic. 66% of students borrow federally, so debt is the norm rather than the exception.

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
67%
Average grant
$5,770

IPEDS Student Financial Aid · 2023-24 · 288 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 $15,876
$30–48k $16,570
$48–75k $17,431
$75–110k $21,104
$110k+ $21,104

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 472 of these 718 students, totalling $3,922,447 — an average of $8,310 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$1,480/mo
1 bedroom
$1,581/mo
2 bedroom (whole unit)
$1,781/mo

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

Compare Cosmetology & Spa Academy with peer institutions

How we evaluate Cosmetology & Spa 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 →