Elevate Salon Institute
For-profit College in Royal Oak, MI. Median 10-year earnings $16,853.
Ten-year median earnings of $16,853 are on the low side, which raises the bar for what this degree needs to cost. Borrowing stays contained, with median debt at graduation of $6,333.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
This institution reports no six-year graduation rate. The federal measure only follows first-time, full-time students, so schools built around part-time or transfer enrollment often fall outside it entirely. Retention is strong at 80%, and first-year attrition is where most degrees are lost. A 15:1 ratio points to small classes and accessible faculty. 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 324 undergraduates, expect a small, closely-held student body.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 324 degree- or certificate-seeking undergraduates
Net price lands at $18,750 a year on average, neither cheap nor punishing. Grant aid is limited — 19% of students receive any. 23% borrow federally — a low rate, though it covers federal loans only.
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.
IPEDS Student Financial Aid · 2023-24 · 125 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 | $19,409 |
| $30–48k | — |
| $48–75k | — |
| $75–110k | — |
| $110k+ | — |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 74 of these 324 students, totalling $423,467 — an average of $5,723 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Oakland County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)