Is PJ's College of Cosmetology-Richmond worth it?

Richmond, IN · private-for-profit

Verdict

Typical students pay $24,006 a year after aid, graduate with $9,833 in federal debt, and earn $16,731 six years after enrolling — an estimated monthly loan payment of $105, with a debt break-even of about 5.9 years.

Net price / year

$24,006

Admission rate

0%

Graduation rate

Median debt

$9,833

Earnings (6 yr)

$16,731

Earnings (10 yr)

$24,039

Est. monthly loan payment

$105

Loan-to-income ratio

59%

Debt break-even

5.9 years

How PJ's College of Cosmetology-Richmond compares

MetricPJ's College of Cosmetology-RichmondIndianaNational
Net price$24,006$18,697$16,642
Median debt$9,833$15,588$12,377
Earnings (6 yr)$16,731$34,276$33,037
Graduation rate

FAQ

How much does it cost to attend PJ's College of Cosmetology-Richmond?

The federal average net price after grants and scholarships is $24,006 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do PJ's College of Cosmetology-Richmond graduates typically carry?

Students who complete a program at PJ's College of Cosmetology-Richmond leave with a median federal debt of $9,833, based on the U.S. Department of Education's College Scorecard.

What do PJ's College of Cosmetology-Richmond graduates earn?

Six years after enrolling, former students report median earnings of $16,731, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at PJ's College of Cosmetology-Richmond?

Graduation rate data is not currently published for this school.

Is PJ's College of Cosmetology-Richmond worth the debt?

Based on median debt and 6-year earnings, it would take roughly 5.9 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.