undergradly.
For-profit College

Morgantown Beauty
College Inc

For-profit College in Morgantown, WV. Six-year graduation rate 72%. Median 10-year earnings $22,230.

Verdict Mixed outcomes
Morgantown Beauty College Inc · Campus
Median earnings · 10 yr
$22,230
Median debt at grad
$6,365
Graduation rate
72.2%
Federal loan default
0%

Ten-year median earnings of $22,230 are on the low side, which raises the bar for what this degree needs to cost. Completion is a strength: 72% of students finish within six years. Median debt at graduation is $6,365, 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.

Green Flags
  • Debt-to-income ratio 0.29 — healthy (below the 0.40 threshold)
  • 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
84%
Transfer-out rate
0%
Student:faculty
10:1

72% of students finish within six years, putting completion well above the national norm. 84% of full-time first-years return for a second year — a healthy figure. The 10:1 student-faculty ratio is small enough that seminar-sized classes are the norm. This is a for-profit two-year institution. That is not disqualifying, but it does mean verifying accreditation, transferability of credits, and job-placement claims directly rather than trusting the category. At 127 undergraduates, expect a small, closely-held student body.

Financial Aid

Average net price
$12,823
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
53%
degree- or certificate-seeking undergraduates
% receiving federal loans
60%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 127 degree- or certificate-seeking undergraduates

Students pay an average of $12,823 annually, well below typical undergraduate net price. Income makes less difference than usual: $10,684 at $0–30k, $18,079 at $110k+. About 53% get grants averaging $5,472, so plan on the possibility of paying closer to full price. Borrowing is widespread: 60% take federal loans.

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.

% receiving grants
60%
Average grant
$5,443

IPEDS Student Financial Aid · 2023-24 · 45 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 $10,684
$30–48k $11,034
$48–75k $13,634
$75–110k $14,464
$110k+ $18,079

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 76 of these 127 students, totalling $418,015 — an average of $5,500 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Monongalia County) — budget these against any cost-of-attendance housing estimate.

Studio
$871/mo
1 bedroom
$877/mo
2 bedroom (whole unit)
$1,099/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Veterans & GI Bill

VA caution flag

Probation or Equivalent or More Severe Status: Monitoring (Other - Provide unlisted or multiple justifications); School has an accreditation issue

GI Bill students
7
Yellow Ribbon
No
Principles of Excellence
No

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Morgantown Beauty College Inc with peer institutions

How we evaluate Morgantown Beauty College Inc

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →