Elite School
of Cosmetology
For-profit College in Norwalk, OH. Six-year graduation rate 65%. Median 10-year earnings $23,547.
Students who entered Elite School of Cosmetology reach a median of $23,547 a decade later, a figure that trails the typical four-year outcome. 65% finish within six years — respectable, though a meaningful share still leave without a credential. Median debt at graduation is $7,412, 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.
- ✓ Debt-to-income ratio 0.31 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
65% graduate within six years — average, but that average still hides a large group who do not. 70% of full-time first-years come back for year two, so about one in three are gone before sophomore year. Part-time students actually return at a higher rate, 91%, which is unusual and suggests the school is built for them. At 24:1, instructor access is thin — worth probing on a campus visit. Being a for-profit two-year institution is the single most useful context for these numbers — the sector's spread is wide enough that the school-level figures matter more than usual.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 332 degree- or certificate-seeking undergraduates
Students pay $31,689 a year on average after aid, a premium price that the earnings data has to justify. The gap between the $0–30k and $110k+ bands is narrow ($31,091 versus $35,636), meaning aid is not strongly need-weighted. About 60% get grants averaging $3,571, so plan on the possibility of paying closer to full price. Federal borrowing reaches 53% 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.
IPEDS Student Financial Aid · 2023-24 · 102 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 | $31,091 |
| $30–48k | $32,158 |
| $48–75k | $35,636 |
| $75–110k | — |
| $110k+ | $35,636 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 177 of these 332 students, totalling $779,540 — an average of $4,404 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Huron County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026