Hairmasters Institute of Cosmetology, IL

Private For-Profit Open Admissions Main Campus
place
Bloomington, IL 61701
phonelink
www.hair-masters.com

Hairmasters Institute of Cosmetology Rankings

Affordability89
Retention80
Graduation82
Earnings4
Diversity71
1 ← Poor Great → 100

Academics

Academics at Hairmasters Institute of Cosmetology

- Bachelor’s
- Associate’s
100% Certificate
Cert Highest Degree

Share of Graduates by Field of Study

Personal and Culinary Services100%

Admissions

Getting into Hairmasters Institute of Cosmetology

71% Admission Rate
- Median SAT Math
- Median SAT Reading
- Median ACT Composite

Typical Test Scores

Cost

Cost of Attending Hairmasters Institute of Cosmetology

- In-State Tuition
- Out-of-State Tuition
$12K Average Total Cost
$9K Average Net Cost

Average Net Price by Family Income

Family Income School IL US
$0–$30K $8K $13K $14K
$30K–$48K $8K $14K $15K
$48K–$75K $11K $16K $17K

Debt

Typical Debt after Hairmasters Institute of Cosmetology

78% Receive Federal Loans
$7K Median Federal Debt
28% Repayment Rate
$82 Median Payment

Received Financial Aid

Family Income School IL US
$0–$30K 73% 56% 57%
$30K–$48K 10% 16% 16%
$48K–$75K 8% 13% 12%
$75K–$110K 11% 10% 9%
>$110K 11% 11% 11%

Student Debt

Category School IL US
The median debt for family income between $0–$30K $8K $11K $11K
The median debt for Pell students $6K $12K $12K
The median debt for no-Pell students $5K $10K $11K
Cumulative loan debt at the 90th percentile $16K $22K $25K
Cumulative loan debt at the 75th percentile $10K $16K $18K
Cumulative loan debt at the 25th percentile $4K $6K $6K
Cumulative loan debt at the 10th percentile $3K $3K $3K

Repayment Rates

Period School IL US
1-year after entering repayment 22% 45% 43%
3-years after entering repayment 28% 49% 46%
5-years after entering repayment 40% 53% 50%
7-years after entering repayment 42% 58% 55%

Completion

Completion Rates at Hairmasters Institute of Cosmetology

91% Retention Rate
- Transfer Rate
27% Withdrawal Rate
86% Graduation Rate

Graduation Rates by Time Taken

Time Taken School IL US
Within 4 Years 86% 37% 38%
Within 6 Years 86% 54% 55%
Within 8 Years 93% 56% 56%

Graduation Rates by Ethnicity

Ethnicity and Nativity School IL US

Outcomes

Outcomes after Hairmasters Institute of Cosmetology

85% Employment Rate
$17K Median Salary
$9K 25 Pctl Salary
$30K 75 Pctl Salary

Employment over Time

Period School IL US
Employed 6 years after enrollment 85% 88% 85%
Employed 7 years after enrollment 88% 86% 84%
Employed 8 years after enrollment 88% 87% 84%
Employed 9 years after enrollment 86% 85% 83%
Employed 10 years after enrollment 80% 85% 83%

Distribution of Earnings after Graduation

Percentile School IL US
10th percentile of earnings $2K $8K $7K
25th percentile of earnings $9K $19K $17K
50th percentile of earnings $17K $30K $29K
75th percentile of earnings $30K $43K $43K
90th percentile of earnings $41K $57K $57K

Median Earnings over Time

Period School IL US
Earnings 6 years after enrollment $17K $30K $29K
Earnings 8 years after enrollment $17K $33K $32K
Earnings 10 years after enrollment $20K $36K $35K

Students

Students at Hairmasters Institute of Cosmetology

101 Undergraduates
47% Full-time Undergrads
23 Avg Entry Age
- Graduate Students

Enrollment by Gender

Gender School IL US
Female degree-seeking undergraduates 98% 68% 64%
Male degree-seeking undergraduates 2% 30% 35%

Enrollment by Race and Nativity

Race and Nativity School IL US
Black 31% 20% 18%
Caucasian 46% 48% 49%
Hispanic or Latino 24% 18% 18%

Enrollment by Family Income

Family Income School IL US
$0–$30K 28% 40% 43%

Location Map

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