Ohio State
Beauty Academy
For-profit College in Lima, OH. Six-year graduation rate 57%. Median 10-year earnings $25,434.
Ten-year median earnings of $25,434 are on the low side, which raises the bar for what this degree needs to cost. Six-year completion sits at 57%, near the national average for undergraduate institutions. Graduates leave owing a median of $8,498 — modest by four-year standards.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.33 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
Completion is middling: 57% finish inside six years. 100% of full-time first-years return for a second year — a healthy figure. The distance between those two figures is the part worth noticing — students return for a second year at a much higher rate than they graduate, so attrition here is spread across the middle years rather than concentrated in the first. At 15:1, students get materially more instructor contact than at a typical public university. 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.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 114 degree- or certificate-seeking undergraduates
Students pay an average of $5,484 annually, well below typical undergraduate net price. Net price varies modestly by income — $4,993 at $0–30k against $10,540 at $110k+ — so the average is a fair guide for most families. Grant aid reaches 51% of students at an average of $5,299. Most students borrow — 56% 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 · 33 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 | $4,993 |
| $30–48k | $5,145 |
| $48–75k | $9,195 |
| $75–110k | — |
| $110k+ | $10,540 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 64 of these 114 students, totalling $384,774 — an average of $6,012 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Allen 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)