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For-profit College

The Salon
Professional Academy

For-profit College in Rapid City, SD. Median 10-year earnings $23,641.

Verdict Mixed outcomes
The Salon Professional Academy · Campus
Median earnings · 10 yr
$23,641
Median debt at grad
$8,500
Federal loan default
0%

Students who entered The Salon Professional Academy reach a median of $23,641 a decade later, a figure that trails the typical four-year outcome. Borrowing stays contained, with median debt at graduation of $8,500.

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

Green Flags
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
100%
Transfer-out rate
—
Student:faculty
15:1

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. 100% of full-time first-years return for a second year — a healthy figure. At 15:1, students get materially more instructor contact than at a typical public university. 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. This is a small school — 104 undergraduates — so cohorts are tight and the program list is necessarily short.

Financial Aid

Average net price
$16,172
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
44%
degree- or certificate-seeking undergraduates
% receiving federal loans
47%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 103 degree- or certificate-seeking undergraduates

Average net price after grant aid is $16,172 a year — mid-range for a four-year institution. Net price swings hard on family income here, from $14,704 at the $0–30k band to $23,508 at $110k+. Only 44% of students receive grant aid, so most families are paying near the published price. About 47% borrow federally, roughly the national pattern.

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
49%
Average grant
$5,957

IPEDS Student Financial Aid · 2023-24 · 35 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 $14,704
$30–48k $18,512
$48–75k $22,275
$75–110k $21,295
$110k+ $23,508

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 48 of these 103 students, totalling $250,505 — an average of $5,219 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$921/mo
1 bedroom
$1,018/mo
2 bedroom (whole unit)
$1,336/mo

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

Veterans & GI Bill

VA caution flag

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

GI Bill students
10
Yellow Ribbon
No
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare The Salon Professional Academy with peer institutions

How we evaluate The Salon Professional 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 →