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For-profit College

Mr Wayne's
School of Unisex Hair Design

For-profit College in Cookeville, TN. Median 10-year earnings $23,696.

Verdict Mixed outcomes
Mr Wayne's School of Unisex Hair Design · Campus
Median earnings · 10 yr
$23,696
Federal loan default
0%
Green Flags
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
91%
Transfer-out rate
—
Student:faculty
18:1

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. 91% of full-time first-years return for a second year — a healthy figure. At 18:1, class sizes land in the normal range for an undergraduate institution. 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.

Financial Aid

Average net price
$18,431
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
72%
degree- or certificate-seeking undergraduates
% receiving federal loans
83%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 29 degree- or certificate-seeking undergraduates

Average net price after grant aid is $18,431 a year — mid-range for a four-year institution. Income makes less difference than usual: $17,384 at $0–30k, $21,525 at $75–110k. Grant aid reaches 72% of students at an average of $4,966. Borrowing is widespread: 83% 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
63%
Average grant
$4,669

IPEDS Student Financial Aid · 2023-24 · 19 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 $17,384
$30–48k $16,217
$48–75k $20,982
$75–110k $21,525
$110k+ —

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 24 of these 29 students, totalling $207,792 — an average of $8,658 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$752/mo
1 bedroom
$818/mo
2 bedroom (whole unit)
$1,014/mo

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

Compare Mr Wayne's School of Unisex Hair Design with peer institutions

How we evaluate Mr Wayne's School of Unisex Hair Design

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