Larry's Barber College
For-profit College in Chicago, IL.
- ✓ 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 weak: only 23% of full-time first-years return, so roughly three in four leave after one year. A 25:1 ratio means students need to be deliberate about getting faculty time. Being a for-profit short-program school 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. The undergraduate body is just 59, which shapes everything from class size to how often a required course is offered.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 59 degree- or certificate-seeking undergraduates
Students pay an average of $13,471 annually, well below typical undergraduate net price. The gap between the $0–30k and $30–48k bands is narrow ($13,471 versus $12,942), meaning aid is not strongly need-weighted. Grant aid is widespread — 100% of students receive it, averaging $6,957. 61% 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.
IPEDS Student Financial Aid · 2023-24 · 23 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 | $13,471 |
| $30–48k | $12,942 |
| $48–75k | — |
| $75–110k | — |
| $110k+ | — |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 36 of these 59 students, totalling $132,048 — an average of $3,668 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Cook County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026