Salon Institute-Toledo Campus
For-profit College in Toledo, OH. Six-year graduation rate 61%.
Six-year completion sits at 61%, near the national average for undergraduate institutions. Graduates leave owing a median of $12,000 — modest by four-year standards.
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
61% graduate within six years — average, but that average still hides a large group who do not. Retention is strong at 88%, and first-year attrition is where most degrees are lost. The distance between those two figures is the part worth noticing — students return for a second year at a much higher rate than they graduate, so attrition here is spread across the middle years rather than concentrated in the first. A 17:1 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 208 degree- or certificate-seeking undergraduates
Average net price after grant aid is $17,750 a year — mid-range for a four-year institution. Grant aid is limited — 33% of students receive any. 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 · 48 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 | $19,192 |
| $30–48k | — |
| $48–75k | — |
| $75–110k | — |
| $110k+ | — |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 110 of these 208 students, totalling $1,078,293 — an average of $9,803 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Lucas 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)