Is Michigan College of Beauty-Monroe worth it?
Monroe, MI · private-for-profit
Verdict
Typical students pay $12,564 a year after aid, graduate with $6,333 in federal debt, and earn $21,810 six years after enrolling — an estimated monthly loan payment of $68, with a debt break-even of about 2.9 years.
Net price / year
$12,564
Admission rate
0%
Graduation rate
—
Median debt
$6,333
Earnings (6 yr)
$21,810
Earnings (10 yr)
$22,766
Est. monthly loan payment
$68
Loan-to-income ratio
29%
Debt break-even
2.9 years
How Michigan College of Beauty-Monroe compares
FAQ
How much does it cost to attend Michigan College of Beauty-Monroe?
The federal average net price after grants and scholarships is $12,564 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.
How much debt do Michigan College of Beauty-Monroe graduates typically carry?
Students who complete a program at Michigan College of Beauty-Monroe leave with a median federal debt of $6,333, based on the U.S. Department of Education's College Scorecard.
What do Michigan College of Beauty-Monroe graduates earn?
Six years after enrolling, former students report median earnings of $21,810, drawn from federal tax records aggregated by the College Scorecard.
What is the graduation rate at Michigan College of Beauty-Monroe?
Graduation rate data is not currently published for this school.
Is Michigan College of Beauty-Monroe worth the debt?
Based on median debt and 6-year earnings, it would take roughly 2.9 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.