Larry's Barber College

www.larrysbarbercollege.com

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2023 Average Net Price
$11,692
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
81
100% Full-Time

About

Larry's Barber College is a higher education institution located in Cook County, IL. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Larry's Barber College were Barbering (65 degrees awarded) and Cosmetology, Barber, & Nail Instructor (4 degrees).

In 2023, 69 degrees were awarded across all undergraduate and graduate programs at Larry's Barber College. 20.3% of these degrees were awarded to women, and 79.7% awarded men. The most common race/ethnicity group of degree recipients was black or african american (61 degrees), 7.63 times more than then the next closest race/ethnicity group, hispanic or latino (8 degrees).

In 2020 the default rate for borrower's at Larry's Barber College was 0%, corresponding to 0 out of the 56 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 $11,692.

In 2023, 92% of undergraduate students attending Larry's Barber College received financial aid through grants. Comparatively, 55% of undergraduate students received financial aid through loans.

Average Net Price

$11,692
2023 Value
23.1%
1 Year Growth

In 2023 Larry's Barber College had an average net price — the price paid after factoring in grants and loans — of $11,692. Between 2022 and 2023, the average net price of Larry's Barber College grew by 23.1%.

This chart compares the average net price of Larry's Barber College (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.

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Financial Aid by Income Level

92%
Undergraduates Receiving Financial Aid through Grants
55%
Undergraduates Receiving Financial Aid through Loans

92% of undergraduate students at Larry's Barber College received financial aid through grants or loans in 2023. This represents a growth of 104% with respect to 2022, when 45% of undergraduate students received financial aid.

This chart compares the average award discount at Larry's Barber College (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.

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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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Larry's Barber College was 0%, which represents 0 out of the 56 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.

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Enrollment

Larry's Barber College had a total enrollment of 81 students in 2023. The full-time enrollment at Larry's Barber College is 81 students and the part-time enrollment is 0. This means that 100% of students enrolled at Larry's Barber College are enrolled full-time.

The enrolled student population at Larry's Barber College, both undergraduate and graduate, is 86.4% Black or African American, 12.3% Hispanic or Latino, and 1.23% White.

Students enrolled at Larry's Barber College in full-time Undergraduate programs are most commonly American Indian or Alaska Native Male (39.1%), followed by Black or African American Male (31.6%) and Black or African American Female (21.3%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Larry's Barber College in 2023, both undergraduate and graduate, is 81 students. The full-time enrollment at Larry's Barber College is 81 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Larry's Barber College (in red) compares to similar universities.

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Retention Rate over Time

52%
2023 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 Larry's Barber College was 52%.

This chart shows the retention rate over time at Larry's Barber College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Black or African American
    70 enrolled students
  2. Hispanic or Latino
    10 enrolled students
  3. White
    1 enrolled students

The enrolled student population at Larry's Barber College is 86.4% Black or African American, 12.3% Hispanic or Latino, and 1.23% White. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 41 fewer women than men received degrees from Larry's Barber College. The most common race/ethnicity group of degree recipients at Larry's Barber College is black or african american (61 degrees awarded). There were 7.63 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (8 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Larry's Barber College is Barbering (65 degrees awarded), followed by Cosmetology, Barber, & Nail Instructor (4 degrees).

In 2023,  the most specialized majors across all degree types at Larry's Barber College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (69 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 Larry's Barber College are Chefs & head cooks (7,906 people), Cooks (2,655 people), Morticians, undertakers, & funeral directors (2,587 people), Food service managers (2,017 people), and Customer service representatives (1,079 people).

The most specialized majors at Larry's Barber College in 2023 are Personal & Culinary Services (69 degrees awarded) (as of 2023).

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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 Larry's Barber College are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Larry's Barber College are Personal & Culinary Services (69 degrees awarded) (as of 2023).

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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 Larry's Barber College 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 Larry's Barber College are Personal & Culinary Services (69 degrees awarded) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Larry's Barber College.
Most Common (2023)
  1. Barbering
    65 degrees awarded
  2. Cosmetology, Barber, & Nail Instructor
    4 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Larry's Barber College was Barbering with 65 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Larry's Barber College according to their major.

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Sex Breakdown for Common Majors

55
Degrees Awarded to Men
in 2023
14
Degrees Awarded to Women
in 2023

In 2023, 55 degrees were awarded to men at Larry's Barber College, which is 3.93 times more than the number of degrees awarded to females (14).

This chart displays the sex disparity between the top 5 majors at Larry's Barber College by degrees awarded.

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Most Common Male Majors

In 2023, 52 degrees were awarded to men at Larry's Barber College in Barbering, which is 4 times more than the 13 female recipients with that same degree.

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Most Common Female Majors

In 2023, 13 degrees were awarded to men at Larry's Barber College in Barbering, which is 0.25 times less than the 52 male recipients with that same degree.

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Time to Complete

63%
100% Completion Time
63%
150% Completion Time

In 2022, 63% of students graduating from Larry's Barber College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 63% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. Black or African American
    61 degrees awarded
  2. Hispanic or Latino
    8 degrees awarded

The most common race/ethnicity at Larry's Barber College is black or african american (61 degrees awarded). There were 7.63 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (8 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Black or African American Male
    48 degrees awarded
  2. Black or African American Female
    13 degrees awarded
  3. Hispanic or Latino Male
    7 degrees awarded

The most common race/ethnicity and sex grouping at Larry's Barber College is black or african american male (48 degrees awarded). There were 3.69 times more black or african american male recipients than the next closest race/ethnicity group, black or african american female (13 degrees).

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Operations

Salary Expenditure

$181k
2023 Salaries
0%
growth from 2022

In 2023, Larry's Barber College paid a median of $181k in salaries, a 0% growth from the previous year. This is compared to a 15.3% growth between 2021 and 2022, and a 43.3% decline between 2020 and 2021.

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

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