Phagans School
of Beauty
For-profit College in Salem, OR. Six-year graduation rate 78%. Median 10-year earnings $23,393.
Median earnings ten years after entry come to $23,393, below what most undergraduate institutions return — the central fact to weigh against cost here. 78% graduate within six years, so most students who start here finish here. Graduates leave owing a median of $8,656 — 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 78% — well above the national average
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
A 78% six-year graduation rate is the strongest academic signal on this page. 80% of full-time first-years return for a second year — a healthy figure. At 7:1, 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. This is a small school — 67 undergraduates — so cohorts are tight and the program list is necessarily short.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 67 degree- or certificate-seeking undergraduates
Students pay an average of $11,476 annually, well below typical undergraduate net price. Net price varies modestly by income — $11,353 at $0–30k against $16,366 at $75–110k — so the average is a fair guide for most families. Grant aid reaches 78% of students at an average of $6,677. 75% 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 · 35 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 | $11,353 |
| $30–48k | $12,463 |
| $48–75k | $9,679 |
| $75–110k | $16,366 |
| $110k+ | — |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 50 of these 67 students, totalling $341,624 — an average of $6,832 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Marion County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026