Larry's Barber College-Joliet
For-profit College in Joliet, IL.
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
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. Retention is weak: only 13% of full-time first-years return, so roughly nine in ten 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.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 27 degree- or certificate-seeking undergraduates
Students pay an average of $14,685 annually, well below typical undergraduate net price. Income makes less difference than usual: $14,186 at $0–30k, $18,177 at $30–48k. Most students get help: 100% receive grants worth $6,554 on average. About 52% borrow federally, roughly the national pattern.
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 · 16 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 | $14,186 |
| $30–48k | $18,177 |
| $48–75k | — |
| $75–110k | — |
| $110k+ | — |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 14 of these 27 students, totalling $62,580 — an average of $4,470 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Will 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)