After Nova Academy of Cosmetology: graduation, pay and debt

Rochester, Minnesota · For-profit · 174 undergrads

The typical student earns $32,156 ten years after starting and graduates leave with $9,424 in federal loans at the median.

The short answers

$32.2k

median pay 10 years after starting college.

$9,424

median federal debt at graduation.

47%

of borrowers were paying down their loans three years after leaving.

All the federal numbers

Finished a two-year program within three yearsCollege Scorecard

72%

Median pay 6 years after starting collegeCollege Scorecard

$24,551

Median pay 8 years after starting collegeCollege Scorecard

$26,572

Median pay 10 years after starting collegeCollege Scorecard

$32,156

Pay is for students who got federal aid and are working, counted from the year they started college, whether or not they finished.

Median federal debt, students who graduatedCollege Scorecard

$9,424

Median federal debt, everyone who borrowed (finished or not)College Scorecard

$7,863

Median federal debt, students with a Pell GrantCollege Scorecard

$6,986

Median federal debt, students without a Pell GrantCollege Scorecard

$9,500

Paying down their loans 3 years after leavingCollege Scorecard

47%

Paying down their loans 5 years after leavingCollege Scorecard

41%

Federal student loans only. Private loans and Parent PLUS loans aren't counted.

Where these numbers come from