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Private for-profit · 2-year

Phagans School of Beauty

Salem, Oregon

29
F
DR Rating
DegreeReturn Rating — Poor value

A 0–100 composite of ROI, graduate earnings, net price, debt and graduation rate. How it’s scored.

Poor return
$-194,946 over 10 years

Estimated for a typical student paying the average net price over 2 years.

On these figures the cost and debt outweigh the earnings premium.

Never
Break-even
-747%
10-year ROI
$28,116
Median earnings as of 2024
25% of Phagans School of Beauty students earn more than a typical U.S. high-school graduate (about $28,000/yr) ten years after starting — measured from IRS tax records, not surveys.

The numbers behind the verdict

$11,476
Average net price / yr as of 2024
$28,116
Median earnings (5 yr) as of 2024
$20,537
Median earnings (1 yr) as of 2024
$8,656
Median debt at graduation as of 2024
Graduation rate as of 2024
25%
Earn more than a HS grad as of 2024
19%
Repaying their loans (3 yr) as of 2024
Retention rate as of 2024

Lifetime ROI: the long view

Cumulative net gain over a high-school-only earner at different career lengths, with tuition and debt interest already subtracted. Built on IRS-verified federal earnings — not self-reported surveys.

$-194,946
After 10 years
$-363,786
After 20 years
$-532,626
After 30 years
$-701,466
After 40 years

Conservative: holds year-5 earnings flat (no raises). Adjust the assumptions, or see the highest 20-year ROI colleges.

Equity & access

Who the college serves and whether the payoff reaches everyone — earnings ten years after starting (IRS-linked), with access measures from federal enrollment data.

By gender
Women
$21,987
Men
$23,776

8% gap between the two groups

56%
First-generation students
75%
Take federal student loans
89%
Born in the U.S.
Who studies here
White 47%Hispanic 24%Black 8%Other 21%

Undergraduate enrollment by race/ethnicity. Federal data does not report earnings by race.

Net price by family income

What students actually pay after grants and scholarships, by household income as of 2024.

Family incomeAverage net price / yr
Family income $0–$30k$11,353
$30k–$48k$12,463
$48k–$75k
$75k–$110k
$110k+

How Phagans School of Beauty compares

This college against the Oregon and national averages — higher earnings and lower cost/debt are better.

Graduate earnings over time

Median earnings of Phagans School of Beauty students 10 years after entering, by cohort year as of 2024.

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Best-paying majors at Phagans School of Beauty

Fields of study ranked by their own ROI — earnings five years after graduating against the cost and debt. Click a major for the deep dive.

MajorCredentialEarnings (5 yr)Median debt10-yr ROIVerdict
Cosmetology and Related Personal Grooming ServicesCertificate$28,116$8,891-1,247%Poor return

Calculate your own ROI

Adjust the assumptions for your situation — the verdict, break-even and chart update live.

ROI at Phagans School of Beauty

Or pick your to set cost

Estimates from federal data; your result will vary. How this works.

10-yr net gain
Break-even
10-yr ROI

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Admissions & profile

Admission rate
0
Average SAT
0
Median ACT
38
Undergraduates

Location

Source: U.S. Department of Education, College Scorecard. ROI is computed by Degree Return — see how. Read the methodology. Data as of 2024.

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