Michigan College
of Beauty-Monroe
For-profit College in Monroe, MI. Median 10-year earnings $22,766.
Students who entered Michigan College of Beauty-Monroe reach a median of $22,766 a decade later, a figure that trails the typical four-year outcome. Borrowing stays contained, with median debt at graduation of $6,333.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.28 — healthy (below the 0.40 threshold)
- ✓ 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. First-year retention of 90% shows the cohort holds together through the hardest year. A 16:1 ratio is unremarkable; expect a mix of lecture halls and seminars. This is a for-profit short-program school. That is not disqualifying, but it does mean verifying accreditation, transferability of credits, and job-placement claims directly rather than trusting the category.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 172 degree- or certificate-seeking undergraduates
Average net price is $12,452 a year after grant aid — low for a four-year institution, though your own figure depends on aid eligibility. Income makes less difference than usual: $12,309 at $0–30k, $14,387 at $75–110k. Grant aid reaches 76% of students at an average of $2,472. Most students borrow — 72% take federal loans to cover the gap.
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 · 101 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 | $12,309 |
| $30–48k | $12,417 |
| $48–75k | $13,850 |
| $75–110k | $14,387 |
| $110k+ | — |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 123 of these 172 students, totalling $523,734 — an average of $4,258 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Monroe 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)