Is Elite College of Cosmetology worth it?
Lexington, TN · private-for-profit
Verdict
Typical students pay $11,041 a year after aid, graduate with $5,500 in federal debt, and earn $21,197 six years after enrolling — an estimated monthly loan payment of $59, with a debt break-even of about 2.6 years.
Net price / year
$11,041
Admission rate
0%
Graduation rate
—
Median debt
$5,500
Earnings (6 yr)
$21,197
Earnings (10 yr)
$21,197
Est. monthly loan payment
$59
Loan-to-income ratio
26%
Debt break-even
2.6 years
How Elite College of Cosmetology compares
FAQ
How much does it cost to attend Elite College of Cosmetology?
The federal average net price after grants and scholarships is $11,041 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do Elite College of Cosmetology graduates typically carry?
Students who complete a program at Elite College of Cosmetology leave with a median federal debt of $5,500, based on the U.S. Department of Education's College Scorecard.
What do Elite College of Cosmetology graduates earn?
Six years after enrolling, former students report median earnings of $21,197, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at Elite College of Cosmetology?
Graduation rate data is not currently published for this school.
Is Elite College of Cosmetology worth the debt?
Based on median debt and 6-year earnings, it would take roughly 2.6 years of 10% income allocation to pay off the typical debt load — compare that against your own expected major and career path before deciding.
Source: U.S. Department of Education College Scorecard.