undergradly.
For-profit College

Elite College
of Cosmetology

For-profit College in Lexington, TN. Median 10-year earnings $21,197.

Verdict Mixed outcomes
Elite College of Cosmetology · Campus
Median earnings · 10 yr
$21,197
Median debt at grad
$5,500
Federal loan default
0%

Median earnings ten years after entry come to $21,197, below what most undergraduate institutions return — the central fact to weigh against cost here. Borrowing stays contained, with median debt at graduation of $5,500.

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 0.26 — healthy (below the 0.40 threshold)
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
83%
Transfer-out rate
—
Student:faculty
9:1

No six-year graduation rate is reported for this institution, which is common for schools whose students are mostly part-time, transfer in, or enroll in short programs that the federal cohort measure does not track. Its absence is not itself a bad sign, but it does remove the clearest completion signal. 83% of full-time first-years return for a second year — a healthy figure. Retention drops to 33% for part-time students, a gap worth weighing if full-time study is not realistic. A 9:1 ratio points to small classes and accessible faculty.

Financial Aid

Average net price
$10,674
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
69%
degree- or certificate-seeking undergraduates
% receiving federal loans
46%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 85 degree- or certificate-seeking undergraduates

Average net price is $10,674 a year after grant aid — low for a four-year institution, though your own figure depends on aid eligibility. About 69% get grants averaging $6,561, so plan on the possibility of paying closer to full price. Federal borrowing reaches 46% of students.

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
84%
Average grant
$4,821

IPEDS Student Financial Aid · 2023-24 · 25 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 $11,041
$30–48k —
$48–75k —
$75–110k —
$110k+ —

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 39 of these 85 students, totalling $155,912 — an average of $3,998 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$724/mo
1 bedroom
$742/mo
2 bedroom (whole unit)
$925/mo

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

Compare Elite College of Cosmetology with peer institutions

How we evaluate Elite College of Cosmetology

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