Raphael's School
of Beauty Culture Inc-Boardman
For-profit College in Boardman, OH. Six-year graduation rate 58%. Median 10-year earnings $22,437.
Ten-year median earnings of $22,437 are on the low side, which raises the bar for what this degree needs to cost. 58% finish within six years — respectable, though a meaningful share still leave without a credential. Graduates leave owing a median of $6,251 — 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 0.28 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
Completion is middling: 58% finish inside six years. First-year retention of 81% shows the cohort holds together through the hardest year. Retention and completion are close, which places the gap between entering and finishing almost entirely in year one. A 16:1 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.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 209 degree- or certificate-seeking undergraduates
Net price lands at $16,337 a year on average, neither cheap nor punishing. Income makes less difference than usual: $16,280 at $0–30k, $22,606 at $110k+. Grant aid reaches 64% of students at an average of $6,255. 50% 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 · 53 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 | $16,280 |
| $30–48k | $14,407 |
| $48–75k | $17,878 |
| $75–110k | $20,665 |
| $110k+ | $22,606 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 105 of these 209 students, totalling $735,431 — an average of $7,004 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Mahoning County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026