Michigan College of Beauty-Monroe
Monroe, MI · Private for-profit · Certificate degree-granting
A private for-profit institution in Monroe, Michigan, accredited by the National Accrediting Commission of Career Arts and Sciences, Inc., Michigan College of Beauty-Monroe serves students across multiple degree programs. With 70 students, it is a small institution. Graduates earn a median of $22,766 ten years after enrollment, compared to a national median of $40,747. The graduation rate is 74.7%. On the financial side, median graduate debt is $6,333, yielding an earnings-to-debt ratio of 3.59x. The average net price after financial aid is $12,564 per year. The most popular programs include Cosmetology and Related Personal Grooming Services.
Key Outcomes
Median Earnings (10yr)
$22,766
Graduation Rate
74.7%
Median Debt
$6,333
Average Net Price
$12,564
Earnings-to-Cost Ratio
1.81x
Earnings-to-Debt Ratio
3.59x
Admissions & Enrollment
Total Enrollment
70
Admission Rate
Not reported
Average SAT
Not reported
Retention Rate
89.7%
Cost
In-State Tuition
Not reported
Out-of-State Tuition
Not reported
Pell Grant Rate
40.7%
Federal Loan Rate
71.5%
Net Cost by Family Income
Income $0–$30K
$12,309
Income $30K–$48K
$12,417
Income $48K–$75K
$13,850
Student Demographics
White
60.0%
Black
21.4%
Hispanic
7.1%
Asian
0.0%
Two or More Races
8.6%
Student Loan Performance
Repayment Rate (3yr)
39.3%
Accreditations
- National Accrediting Commission of Career Arts and Sciences, Inc. — Institutional Accreditation (Accredited)
Programs (1)
Undergraduate Certificate (1)
| Program | Median Earnings | Completers |
|---|---|---|
| Cosmetology and Related Personal Grooming Services | $22,461 | 89 |