Is Michigan College of Beauty-Troy worth it?

Troy, MI · private-for-profit

Verdict

Typical students pay $18,013 a year after aid, graduate with $6,333 in federal debt, and earn $19,608 six years after enrolling — an estimated monthly loan payment of $68, with a debt break-even of about 3.2 years.

Net price / year

$18,013

Admission rate

0%

Graduation rate

Median debt

$6,333

Earnings (6 yr)

$19,608

Earnings (10 yr)

$22,058

Est. monthly loan payment

$68

Loan-to-income ratio

32%

Debt break-even

3.2 years

How Michigan College of Beauty-Troy compares

MetricMichigan College of Beauty-TroyMichiganNational
Net price$18,013$15,182$16,642
Median debt$6,333$12,512$12,377
Earnings (6 yr)$19,608$30,226$33,037
Graduation rate

FAQ

How much does it cost to attend Michigan College of Beauty-Troy?

The federal average net price after grants and scholarships is $18,013 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-Troy graduates typically carry?

Students who complete a program at Michigan College of Beauty-Troy 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-Troy graduates earn?

Six years after enrolling, former students report median earnings of $19,608, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Michigan College of Beauty-Troy?

Graduation rate data is not currently published for this school.

Is Michigan College of Beauty-Troy worth the debt?

Based on median debt and 6-year earnings, it would take roughly 3.2 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.