The Spa School
For-profit College in Columbus, OH. Six-year graduation rate 70%. Median 10-year earnings $26,989.
Ten-year median earnings of $26,989 are on the low side, which raises the bar for what this degree needs to cost. 70% graduate within six years, so most students who start here finish here. Median debt at graduation is $7,916, a light load against those earnings.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.29 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
Six-year completion runs to 70% — students who start here overwhelmingly finish here. Retention is strong at 88%, and first-year attrition is where most degrees are lost. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. A 15:1 ratio points to small classes and accessible faculty. As a for-profit two-year institution, outcomes here deserve a harder look than the sector average suggests: for-profit institutions vary enormously, and the sector's aggregate numbers hide both strong and very weak performers.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 204 degree- or certificate-seeking undergraduates
Average net price after grant aid is $20,522 a year — mid-range for a four-year institution. Net price varies modestly by income — $20,441 at $0–30k against $24,856 at $110k+ — so the average is a fair guide for most families. Grant aid reaches 74% of students at an average of $3,939. 62% of students borrow federally, so debt is the norm rather than the exception.
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 · 87 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 | $20,441 |
| $30–48k | $19,932 |
| $48–75k | $13,405 |
| $75–110k | $23,399 |
| $110k+ | $24,856 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 127 of these 204 students, totalling $634,276 — an average of $4,994 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Franklin County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026