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For-profit College

Elite Cosmetology School

For-profit College in PALM DESERT, CA. Median 10-year earnings $17,966.

Verdict Mixed outcomes
Elite Cosmetology School · Campus
Median earnings · 10 yr
$17,966
Median debt at grad
$8,164
Federal loan default
0%

Ten-year median earnings of $17,966 are on the low side, which raises the bar for what this degree needs to cost. Median debt at graduation is $8,164, a light load against those earnings.

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
100%
Transfer-out rate
—
Student:faculty
8:1

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 100%, and first-year attrition is where most degrees are lost. Retention drops to 67% for part-time students, a gap worth weighing if full-time study is not realistic. A 8:1 ratio points to small classes and accessible faculty. As a for-profit short-program school, outcomes here deserve a harder look than the sector average suggests: for-profit institutions vary enormously, and the sector's aggregate numbers hide both strong and very weak performers.

Financial Aid

Average net price
$19,655
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
66%
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 208 degree- or certificate-seeking undergraduates

Average net price after grant aid is $19,655 a year — mid-range for a four-year institution. Net price varies modestly by income — $18,998 at $0–30k against $22,295 at $75–110k — so the average is a fair guide for most families. Grant aid reaches 66% of students at an average of $4,650. 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
86%
Average grant
$6,486

IPEDS Student Financial Aid · 2023-24 · 28 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 $18,998
$30–48k $19,276
$48–75k $23,176
$75–110k $22,295
$110k+ —

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 138 of these 208 students, totalling $772,609 — an average of $5,599 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$1,692/mo
1 bedroom
$1,777/mo
2 bedroom (whole unit)
$2,201/mo

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

Veterans & GI Bill

VA caution flag

Heightened Cash Monitoring (Financial Responsibility); School placed on Heightened Cash Monitoring

GI Bill students
9
Yellow Ribbon
No
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Elite Cosmetology School with peer institutions

How we evaluate Elite Cosmetology School

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