Model College
of Hair Design
For-profit College in Saint Cloud, MN. Median 10-year earnings $25,410.
Median earnings ten years after entry come to $25,410, below what most undergraduate institutions return — the central fact to weigh against cost here. Borrowing stays contained, with median debt at graduation of $7,139.
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
The federal six-year graduation rate is not published here — typically because the entering cohort this measure follows is too small or too atypical to report. Treat completion as unknown rather than assuming either direction. Retention is strong at 89%, and first-year attrition is where most degrees are lost. The 10:1 student-faculty ratio is small enough that seminar-sized classes are the norm. 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. The undergraduate body is just 213, 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 200 degree- or certificate-seeking undergraduates
Students pay an average of $17,145 annually once grants are applied. Income makes less difference than usual: $11,841 at $0–30k, $13,041 at $110k+. About 58% get grants averaging $4,912, so plan on the possibility of paying closer to full price. 52% of students take federal loans, a middling borrowing rate.
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 · 81 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 | $11,841 |
| $30–48k | $7,841 |
| $48–75k | $10,841 |
| $75–110k | $13,341 |
| $110k+ | $13,041 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 104 of these 200 students, totalling $293,296 — an average of $2,820 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Stearns County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
Heightened Cash Monitoring (Compliance Audit Late or Missing); School placed on Heightened Cash Monitoring
VA GI Bill Comparison Tool (Veterans Affairs GIDS)