Is Phagans School of Beauty worth it?

Salem, OR · private-for-profit

Verdict

Typical students pay $11,476 a year after aid, graduate with $8,656 in federal debt, and earn $28,440 six years after enrolling — an estimated monthly loan payment of $93, with a debt break-even of about 3.0 years.

Net price / year

$11,476

Admission rate

0%

Graduation rate

Median debt

$8,656

Earnings (6 yr)

$28,440

Earnings (10 yr)

$23,393

Est. monthly loan payment

$93

Loan-to-income ratio

30%

Debt break-even

3.0 years

How Phagans School of Beauty compares

MetricPhagans School of BeautyOregonNational
Net price$11,476$16,158$16,642
Median debt$8,656$13,412$12,377
Earnings (6 yr)$28,440$33,728$33,037
Graduation rate

FAQ

How much does it cost to attend Phagans School of Beauty?

The federal average net price after grants and scholarships is $11,476 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Phagans School of Beauty graduates typically carry?

Students who complete a program at Phagans School of Beauty leave with a median federal debt of $8,656, based on the U.S. Department of Education's College Scorecard.

What do Phagans School of Beauty graduates earn?

Six years after enrolling, former students report median earnings of $28,440, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Phagans School of Beauty?

Graduation rate data is not currently published for this school.

Is Phagans School of Beauty worth the debt?

Based on median debt and 6-year earnings, it would take roughly 3.0 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.