Phagans Central
Oregon Beauty College
For-profit College in Bend, OR. Six-year graduation rate 77%. Median 10-year earnings $20,551.
Ten-year median earnings of $20,551 are on the low side, which raises the bar for what this degree needs to cost. The six-year graduation rate of 77% is well above average and the clearest sign this school holds onto its students. Graduates leave owing a median of $7,435 — modest by four-year standards.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Graduation rate 77% — well above the national average
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
Six-year completion runs to 77% — students who start here overwhelmingly finish here. First-year retention of 92% shows the cohort holds together through the hardest year. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. A 14:1 ratio points to small classes and accessible faculty. Being a for-profit two-year institution is the single most useful context for these numbers — the sector's spread is wide enough that the school-level figures matter more than usual.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 190 degree- or certificate-seeking undergraduates
Average net price is $10,111 a year after grant aid — low for a four-year institution, though your own figure depends on aid eligibility. The gap between the $0–30k and $110k+ bands is narrow ($11,346 versus $15,819), meaning aid is not strongly need-weighted. Grant aid reaches 65% of students at an average of $5,751. 70% of students borrow federally, so debt is the norm rather than the exception.
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 · 127 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 | $11,346 |
| $30–48k | $12,303 |
| $48–75k | $12,748 |
| $75–110k | $15,958 |
| $110k+ | $15,819 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 133 of these 190 students, totalling $781,169 — an average of $5,873 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Deschutes County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026