Phagans School
of Hair Design
For-profit College in Happy Valley, OR. Six-year graduation rate 80%. Median 10-year earnings $22,912.
Median earnings ten years after entry come to $22,912, below what most undergraduate institutions return — the central fact to weigh against cost here. The six-year graduation rate of 80% is well above average and the clearest sign this school holds onto its students. Graduates leave owing a median of $8,297 — 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 80% — well above the national average
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
A 80% six-year graduation rate is the strongest academic signal on this page. First-year retention of 86% shows the cohort holds together through the hardest year. A 19:1 ratio is unremarkable; expect a mix of lecture halls and seminars. 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. This is a small school — 300 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 300 degree- or certificate-seeking undergraduates
Average net price is $14,861 a year after grant aid — low for a four-year institution, though your own figure depends on aid eligibility. Net price varies modestly by income — $15,659 at $0–30k against $21,717 at $110k+ — so the average is a fair guide for most families. Grant aid reaches 58% of students at an average of $5,086. 53% of students take federal loans, a middling borrowing rate.
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 · 92 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 | $15,659 |
| $30–48k | $12,572 |
| $48–75k | $16,175 |
| $75–110k | $16,230 |
| $110k+ | $21,717 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 160 of these 300 students, totalling $1,079,088 — an average of $6,744 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Clackamas County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)