Is Lil Lou's Beauty and Barber College worth it?

Gary, IN · private-for-profit

Verdict

Typical students pay $16,011 a year after aid, graduate with $14,302 in federal debt, and earn $15,711 six years after enrolling — an estimated monthly loan payment of $153, with a debt break-even of about 9.1 years.

Net price / year

$16,011

Admission rate

0%

Graduation rate

—

Median debt

$14,302

Earnings (6 yr)

$15,711

Earnings (10 yr)

$0

Est. monthly loan payment

$153

Loan-to-income ratio

91%

Debt break-even

9.1 years

How Lil Lou's Beauty and Barber College compares

MetricLil Lou's Beauty and Barber CollegeIndianaNational
Net price$16,011$18,697$16,642
Median debt$14,302$15,588$12,377
Earnings (6 yr)$15,711$34,276$33,037
Graduation rate———

FAQ

How much does it cost to attend Lil Lou's Beauty and Barber College?

The federal average net price after grants and scholarships is $16,011 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Lil Lou's Beauty and Barber College graduates typically carry?

Students who complete a program at Lil Lou's Beauty and Barber College leave with a median federal debt of $14,302, based on the U.S. Department of Education's College Scorecard.

What do Lil Lou's Beauty and Barber College graduates earn?

Six years after enrolling, former students report median earnings of $15,711, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Lil Lou's Beauty and Barber College?

Graduation rate data is not currently published for this school.

Is Lil Lou's Beauty and Barber College worth the debt?

Based on median debt and 6-year earnings, it would take roughly 9.1 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.