PJ's College
of Cosmetology-Richmond
For-profit College in Richmond, IN. Median 10-year earnings $24,039.
Ten-year median earnings of $24,039 are on the low side, which raises the bar for what this degree needs to cost. Median debt at graduation is $9,833, a light load against those earnings.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
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. 64% of full-time first-years come back for year two, so about one in three are gone before sophomore year. The 10:1 student-faculty ratio is small enough that seminar-sized classes are the norm. Being a for-profit short-program school 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 90 degree- or certificate-seeking undergraduates
Average net price after grant aid is $23,413 a year — mid-range for a four-year institution. Net price swings hard on family income here, from $21,376 at the $0–30k band to $30,528 at $110k+. 63% of students receive grant aid, averaging $5,079 — common but not automatic. 49% 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 · 21 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 | $21,376 |
| $30–48k | $16,535 |
| $48–75k | $25,483 |
| $75–110k | $30,528 |
| $110k+ | $30,528 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 44 of these 90 students, totalling $325,883 — an average of $7,406 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Wayne 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)