undergradly.
For-profit College

Strand College
of Hair Design

For-profit College in Myrtle Beach, SC. Median 10-year earnings $21,301.

Verdict Mixed outcomes
Strand College of Hair Design · Campus
Median earnings · 10 yr
$21,301
Median debt at grad
$6,333
Federal loan default
0%

Ten-year median earnings of $21,301 are on the low side, which raises the bar for what this degree needs to cost. Graduates leave owing a median of $6,333 — modest by four-year standards.

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

Green Flags
  • ✓ Debt-to-income ratio 0.30 — healthy (below the 0.40 threshold)
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
82%
Transfer-out rate
—
Student:faculty
20:1

The federal six-year graduation rate is not published here — typically because the entering cohort this measure follows is too small or too atypical to report. Treat completion as unknown rather than assuming either direction. Retention is strong at 82%, and first-year attrition is where most degrees are lost. At 20:1, class sizes land in the normal range for an undergraduate institution. This is a for-profit short-program school. 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 150, which shapes everything from class size to how often a required course is offered.

Financial Aid

Average net price
$9,843
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
37%
degree- or certificate-seeking undergraduates
% receiving federal loans
36%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 150 degree- or certificate-seeking undergraduates

At $9,843 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 ($8,650 versus $13,811), meaning aid is not strongly need-weighted. Only 37% of students receive grant aid, so most families are paying near the published price. 36% 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.

% receiving grants
39%
Average grant
$4,798

IPEDS Student Financial Aid · 2023-24 · 133 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 $8,650
$30–48k $8,617
$48–75k $10,720
$75–110k $13,681
$110k+ $13,811

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 54 of these 150 students, totalling $308,574 — an average of $5,714 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$1,145/mo
1 bedroom
$1,229/mo
2 bedroom (whole unit)
$1,465/mo

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

Veterans & GI Bill

VA caution flag

Probation or Equivalent or a More Severe Status: Show Cause (Other - Provide unlisted or multiple justifications); School has an accreditation issue

GI Bill students
5
Yellow Ribbon
No
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare Strand College of Hair Design with peer institutions

How we evaluate Strand College of Hair Design

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