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For-profit College

SOHO Hair Academy

For-profit College in Council Bluffs, IA. Six-year graduation rate 76%. Median 10-year earnings $17,349.

Verdict Mixed outcomes
SOHO Hair Academy · Campus
Median earnings · 10 yr
$17,349
Median debt at grad
$9,425
Graduation rate
76.5%
Federal loan default
0%

Ten-year median earnings of $17,349 are on the low side, which raises the bar for what this degree needs to cost. Completion is a strength: 77% of students finish within six years. Borrowing stays contained, with median debt at graduation of $9,425.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • ✓ Graduation rate 76% — well above the national average
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
83%
Transfer-out rate
0%
Student:faculty
11:1

77% of students finish within six years, putting completion well above the national norm. 83% of full-time first-years return for a second year — a healthy figure. A 11:1 ratio points to small classes and accessible faculty. 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. The undergraduate body is just 76, which shapes everything from class size to how often a required course is offered.

Financial Aid

Average net price
$11,695
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
82%
degree- or certificate-seeking undergraduates
% receiving federal loans
88%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 76 degree- or certificate-seeking undergraduates

At $11,695 a year on average after grant aid, cost is low here relative to most undergraduate institutions. The gap between the $0–30k and $110k+ bands is narrow ($10,949 versus $17,944), meaning aid is not strongly need-weighted. About 82% get grants averaging $6,423, so plan on the possibility of paying closer to full price. Most students borrow — 88% take federal loans to cover the gap.

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.

% receiving grants
71%
Average grant
$6,723

IPEDS Student Financial Aid · 2023-24 · 31 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 $10,949
$30–48k $12,028
$48–75k $13,661
$75–110k $17,944
$110k+ $17,944

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 67 of these 76 students, totalling $540,434 — an average of $8,066 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Pottawattamie County) — budget these against any cost-of-attendance housing estimate.

Studio
$1,090/mo
1 bedroom
$1,148/mo
2 bedroom (whole unit)
$1,368/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Compare SOHO Hair Academy with peer institutions

How we evaluate SOHO Hair Academy

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →