Is Summit Salon Academy-Kokomo worth it?

Kokomo, IN · private-for-profit

Verdict

Typical students pay $20,739 a year after aid, graduate with $8,973 in federal debt, and earn $21,353 six years after enrolling — an estimated monthly loan payment of $96, with a debt break-even of about 4.2 years.

Net price / year

$20,739

Admission rate

0%

Graduation rate

Median debt

$8,973

Earnings (6 yr)

$21,353

Earnings (10 yr)

$23,226

Est. monthly loan payment

$96

Loan-to-income ratio

42%

Debt break-even

4.2 years

How Summit Salon Academy-Kokomo compares

MetricSummit Salon Academy-KokomoIndianaNational
Net price$20,739$18,697$16,642
Median debt$8,973$15,588$12,377
Earnings (6 yr)$21,353$34,276$33,037
Graduation rate

FAQ

How much does it cost to attend Summit Salon Academy-Kokomo?

The federal average net price after grants and scholarships is $20,739 a year. That figure reflects what a typical student actually pays after grants and scholarships, not the sticker price.

How much debt do Summit Salon Academy-Kokomo graduates typically carry?

Students who complete a program at Summit Salon Academy-Kokomo leave with a median federal debt of $8,973, based on the U.S. Department of Education's College Scorecard.

What do Summit Salon Academy-Kokomo graduates earn?

Six years after enrolling, former students report median earnings of $21,353, drawn from federal tax records aggregated by the College Scorecard.

What is the graduation rate at Summit Salon Academy-Kokomo?

Graduation rate data is not currently published for this school.

Is Summit Salon Academy-Kokomo worth the debt?

Based on median debt and 6-year earnings, it would take roughly 4.2 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.