Toni & Guy Hairdressing Academy-Worcester

worcester.toniguy.edu

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2022 Average Net Price

$24,950

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

217

100% Full-Time

About

Toni & Guy Hairdressing Academy-Worcester is a higher education institution located in Worcester County, MA. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Toni & Guy Hairdressing Academy-Worcester were General Cosmetology (187 degrees awarded).

In 2022, 187 degrees were awarded across all undergraduate and graduate programs at Toni & Guy Hairdressing Academy-Worcester. 97.3% of these degrees were awarded to women, and 2.67% awarded men. The most common race/ethnicity group of degree recipients was white (137 degrees), 4.15 times more than then the next closest race/ethnicity group, hispanic or latino (33 degrees).

In 2020 the default rate for borrower's at Toni & Guy Hairdressing Academy-Worcester was 0%, corresponding to 0 out of the 191 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $24,950.

In 2022, 47% of undergraduate students attending Toni & Guy Hairdressing Academy-Worcester received financial aid through grants. Comparatively, 73% of undergraduate students received financial aid through loans.

Average Net Price

$24,950

2022 Value

4.6%

1 Year Growth

In 2022 Toni & Guy Hairdressing Academy-Worcester had an average net price — the price paid after factoring in grants and loans — of $24,950. Between 2021 and 2022, the average net price of Toni & Guy Hairdressing Academy-Worcester grew by 4.6%.

This chart compares the average net price of Toni & Guy Hairdressing Academy-Worcester (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Financial Aid by Income Level

47%

Undergraduates Receiving Financial Aid through Grants

73%

Undergraduates Receiving Financial Aid through Loans

47% of undergraduate students at Toni & Guy Hairdressing Academy-Worcester received financial aid through grants or loans in 2022. This represents a decline of 2.08% with respect to 2021, when 48% of undergraduate students received financial aid.

This chart compares the average award discount at Toni & Guy Hairdressing Academy-Worcester (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Toni & Guy Hairdressing Academy-Worcester was 0%, which represents 0 out of the 191 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Toni & Guy Hairdressing Academy-Worcester had a total enrollment of 217 students in 2022. The full-time enrollment at Toni & Guy Hairdressing Academy-Worcester is 217 students and the part-time enrollment is 0. This means that 100% of students enrolled at Toni & Guy Hairdressing Academy-Worcester are enrolled full-time.

The enrolled student population at Toni & Guy Hairdressing Academy-Worcester, both undergraduate and graduate, is 72.4% White, 11.5% Hispanic or Latino, 8.76% Black or African American, 6.45% Two or More Races, and 0.922% Asian.

Students enrolled at Toni & Guy Hairdressing Academy-Worcester in full-time Undergraduate programs are most commonly White Female (70%), followed by Hispanic or Latino Female (11.5%) and Black or African American Female (7.83%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Toni & Guy Hairdressing Academy-Worcester in 2022, both undergraduate and graduate, is 217 students. The full-time enrollment at Toni & Guy Hairdressing Academy-Worcester is 217 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Toni & Guy Hairdressing Academy-Worcester (in red) compares to similar universities.

Retention Rate over Time

97%

2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Toni & Guy Hairdressing Academy-Worcester was 97%.

This chart shows the retention rate over time at Toni & Guy Hairdressing Academy-Worcester (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
157 enrolled students
Hispanic or Latino
25 enrolled students
Black or African American
19 enrolled students

The enrolled student population at Toni & Guy Hairdressing Academy-Worcester is 72.4% White, 11.5% Hispanic or Latino, 8.76% Black or African American, 6.45% Two or More Races, and 0.922% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2022, 177 more women than men received degrees from Toni & Guy Hairdressing Academy-Worcester. The most common race/ethnicity group of degree recipients at Toni & Guy Hairdressing Academy-Worcester is white (137 degrees awarded). There were 4.15 times more white recipients than the next closest race/ethnicity group, hispanic or latino (33 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Toni & Guy Hairdressing Academy-Worcester is General Cosmetology (187 degrees awarded).

In 2022, the most specialized majors across all degree types at Toni & Guy Hairdressing Academy-Worcester, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (187 degrees awarded).

Common Jobs by Major

Chefs & head cooks

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Toni & Guy Hairdressing Academy-Worcester are Chefs & head cooks (8,521 people), Cooks (3,235 people), Morticians, undertakers, & funeral directors (2,785 people), Food service managers (2,333 people), and Firstline supervisors of food preparation & serving workers (1,142 people).

The most specialized majors at Toni & Guy Hairdressing Academy-Worcester in 2022 are Personal & Culinary Services (187 degrees awarded) (as of 2022).

Highest Paying Jobs by Major

Chief executives & legislators

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Toni & Guy Hairdressing Academy-Worcester are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Toni & Guy Hairdressing Academy-Worcester are Personal & Culinary Services (187 degrees awarded) (as of 2022).

Common Industries by Major

Restaurants & Food Services

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Toni & Guy Hairdressing Academy-Worcester are Restaurants & Food Services (12,244 people), Funeral homes, & cemeteries & crematories (3,016 people), Traveler accommodation (1,919 people), Elementary & secondary schools (1,775 people), and Construction (1,430 people).

The most specialized majors at Toni & Guy Hairdressing Academy-Worcester are Personal & Culinary Services (187 degrees awarded) (as of 2022).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Toni & Guy Hairdressing Academy-Worcester.

General Cosmetology

Most Common (2022)

187 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Toni & Guy Hairdressing Academy-Worcester was General Cosmetology with 187 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Toni & Guy Hairdressing Academy-Worcester according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2022

182

Degrees Awarded to Women

in 2022

In 2022, 5 degrees were awarded to men at Toni & Guy Hairdressing Academy-Worcester, which is 0.0275 times less than the number of degrees awarded to females (182).

This chart displays the sex disparity between the top 5 majors at Toni & Guy Hairdressing Academy-Worcester by degrees awarded.

Most Common Male Majors

In 2022, 5 degrees were awarded to men at Toni & Guy Hairdressing Academy-Worcester in General Cosmetology, which is 0.0275 times less than the 182 female recipients with that same degree.

Most Common Female Majors

In 2022, 182 degrees were awarded to men at Toni & Guy Hairdressing Academy-Worcester in General Cosmetology, which is 36.4 times more than the 5 male recipients with that same degree.

Time to Complete

100% Completion Time

79%

150% Completion Time

In 2022, 2% of students graduating from Toni & Guy Hairdressing Academy-Worcester completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 79% completed their degrees within 150% of the normal time, and 79% within 200%.

The following chart shows these completion rates over time compared to the average for the Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
137 degrees awarded
Hispanic or Latino
33 degrees awarded
Black or African American
7 degrees awarded

The most common race/ethnicity at Toni & Guy Hairdressing Academy-Worcester is white (137 degrees awarded). There were 4.15 times more white recipients than the next closest race/ethnicity group, hispanic or latino (33 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
134 degrees awarded
Hispanic or Latino Female
32 degrees awarded
Black or African American Female
7 degrees awarded

The most common race/ethnicity and sex grouping at Toni & Guy Hairdressing Academy-Worcester is white female (134 degrees awarded). There were 4.19 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (32 degrees).

Operations

Salary Expenditure

$2.28M

2022 Salaries

9.24%

growth from 2021

In 2022, Toni & Guy Hairdressing Academy-Worcester paid a median of $2.28M in salaries, a 9.24% growth from the previous year. This is compared to a 12.9% decline between 2020 and 2021, and a 6.47% growth between 2019 and 2020.

The median for similar is 668k (13.2% of overall expenditures).

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