Is Summit Salon Academy-Lexington worth it?

Lexington, KY · private-for-profit

Verdict

Typical students pay $14,778 a year after aid, graduate with $7,917 in federal debt, and earn $18,903 six years after enrolling — an estimated monthly loan payment of $85, with a debt break-even of about 4.2 years.

Net price / year

$14,778

Admission rate

81%

Graduation rate

Median debt

$7,917

Earnings (6 yr)

$18,903

Earnings (10 yr)

$24,148

Est. monthly loan payment

$85

Loan-to-income ratio

42%

Debt break-even

4.2 years

How Summit Salon Academy-Lexington compares

MetricSummit Salon Academy-LexingtonKentuckyNational
Net price$14,778$15,135$16,642
Median debt$7,917$13,393$12,377
Earnings (6 yr)$18,903$29,017$33,037
Graduation rate

FAQ

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

The federal average net price after grants and scholarships is $14,778 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-Lexington graduates typically carry?

Students who complete a program at Summit Salon Academy-Lexington leave with a median federal debt of $7,917, based on the U.S. Department of Education's College Scorecard.

What do Summit Salon Academy-Lexington graduates earn?

Six years after enrolling, former students report median earnings of $18,903, drawn from federal tax records aggregated by the College Scorecard.

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

Graduation rate data is not currently published for this school.

Is Summit Salon Academy-Lexington 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.