Private for-profit · COLLEGE PAYOFF

Empire Beauty School-Michigan

Grand Rapids, MI · 1 reportable field-and-credential outcomes

10-year estimate · Negative payoff

−$476,104 over 10 years

Modeled from observed year-5 institution earnings and the institution-wide average net price over four years.

With these assumptions, the added earnings do not recover the cost within ten years.

Modeled economic break-even
−192%Modeled 10-year ROI
$22,198Observed earnings · year 5
Not reachedMaximum annual price for positive 10-year payoff
Includes direct price and earnings forgone while studying. Assumes $45,000 in alternative annual earnings and no wage growth. How we calculate it
ECONOMIC INVESTMENT → PAYBACK

Estimated payoff over ten years.

The scenario counts direct price and earnings forgone upfront, then applies the reported annual earnings premium.

10-YEAR PAYOFF CURVECumulative economic payoff after graduation
−$476,104at year 10
Net gainInvestment not yet recovered
NET GAIN$0UNRECOVERED
−$248,0840
2
4
6
8
−$476,10410
Years after graduationBreak-even: years
FEDERAL COST DATA

Four ways to read college price.

Annual college-wide figures from the current College Scorecard release. Average net price covers full-time, first-time undergraduates receiving federal aid; public-college figures use in-state students. Program tuition and individual aid offers may differ.

Published in-state tuitionNot available
Sticker price
Published out-of-state tuitionNot available
Sticker price
Average net price$17,021
Title IV student average
Cost of attendance$21,747
Tuition + living budget
PRICE SOURCECollege reported · annual amount · federal dataset
COLLEGE AT A GLANCE

Institution details

Current federal characteristics describing the college—not the outcomes of a specific program.

Accreditor
National Accrediting Commission of Career Arts and Sciences
Main award level
Certificates
Campus setting
Suburban
Admissions
Open admission
Delivery
Campus or mixed delivery
Federal designation
No special designation reported
Sources: College Scorecard June 2026 release and IPEDS 2024 institutional characteristics.
OBSERVED FEDERAL MEASURES

Cost, debt, completion and earnings context

$17,021Average net price / year
$21,747Cost of attendance
$10,667Median federal student debt · completer borrowers
$113/moPublished 10-year payment estimate
$22,198Median earnings · year 5 after completion
57.3%Completion rate
Not availableAdmission rate
259Student size

Institution debt covers federal student-loan borrowers who completed. Parent PLUS and private loans are excluded; missing and privacy-suppressed values remain unavailable.

PRICE BY FAMILY INCOME

Average net price is not one price

Federal averages for aided students in each family-income band. Your aid offer can differ.

$0–30k$16,158
$30–48k$16,111
$48–75k$17,816
$75–110k$21,312
$110k+$21,154
LONGER-TERM CONTEXT

What happens beyond the first earnings measure

Year 5$22,198
Year 6$18,493
Year 10$22,377
Full-time retention
72.9%
Part-time retention
56.8%
Completion within 200% of normal time
60.2%

Earnings timepoints may use different historical cohorts and should not be read as one group’s guaranteed salary growth.

NATIONAL CONTEXT

How this college compares

Percentiles compare this institution with currently operating colleges that report the same federal measure.

9thEarnings percentile
48thCompletion percentile
WHAT STANDS OUT

A faster read on this college

These summaries use only reportable field-and-credential records at this institution. They do not fill privacy-suppressed outcomes.

$26,652Median year-4 earnings across reportable program categories
$13,583Median federal debt across categories that report debt
100%Of earnings-reporting categories above their same-field national benchmark
EARNINGS PATH

Reported earnings over time

$16,044Year 1
$26,668Year 4
$22,198Year 5

Separate federal cohorts may underlie different measurement years.

PROGRAM PAYOFF SPREAD

The college average is not the whole story.

Observed earnings vary substantially by field and credential at the same institution.

1Cosmetology and Related Personal Grooming Services · Undergraduate Certificate or Diploma$26,652

Observed year-4 earnings · compare like fields and credentials before deciding

Strongest relative outcomes

Programs that stand out against the same-degree benchmark

This view rewards performance relative to the same field and credential—not simply majors that pay more everywhere.

1Cosmetology and Related Personal Grooming ServicesUndergraduate Certificate or Diploma · $26,652 reported+1%vs same-degree national median$13,583federal debt
BUILD A REAL SHORTLIST

Comparable colleges in MI

Currently operating private for-profit institutions with the closest combination of annual net price and observed year-5 earnings. Similarity is descriptive—not a quality ranking.

Port Huron, MI

Paul Mitchell the School-Great Lakes

Annual net price
$17,263
Observed earnings · year 5
$21,826
Modeled 10-year ROI
-193%
Open college profile →
Norton Shores, MI

Nuvo College of Cosmetology

Annual net price
$19,413
Observed earnings · year 5
$21,965
Modeled 10-year ROI
-189%
Open college profile →
Troy, MI

Michigan College of Beauty-Troy

Annual net price
$18,013
Observed earnings · year 5
$24,257
Modeled 10-year ROI
-182%
Open college profile →
Spring Lake, MI

French Academy of Cosmetology

Annual net price
$15,806
Observed earnings · year 5
$20,282
Modeled 10-year ROI
-202%
Open college profile →
ALL REPORTABLE PROGRAM CATEGORIES

Explore exact field-and-credential outcomes

Federal fieldCredentialEarnings, year 4Federal debt2023–24 awards
Cosmetology and Related Personal Grooming ServicesUndergraduate Certificate or Diploma$26,652$13,583120

Awards use first-major IPEDS completions aggregated to the same four-digit field and credential.

Earnings, price, completion and enrollment are observed federal measures. ROI, payoff and break-even are modeled scenarios built from those measures and fixed assumptions. College payoff is not the payoff of every degree at this school; use the program table for a more precise comparison.