Hillsdale Beauty College

www.hillsdalebeautycollege.com

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2022 Average Net Price

$11,853

After Financial Aid

2020 Default Rate

1.72%

on Student Loans

2022 Enrolled Students

80.6% Full-Time

About

Hillsdale Beauty College is a higher education institution located in Hillsdale County, MI. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Hillsdale Beauty College were General Cosmetology (18 degrees awarded).

In 2021, 9 degrees were awarded across all undergraduate and graduate programs at Hillsdale Beauty College. 100% of these degrees were awarded to women, and 0% awarded men. The most common race/ethnicity group of degree recipients was white (19 degrees).

In 2020 the default rate for borrower's at Hillsdale Beauty College was 1.72%, corresponding to 1 out of the 58 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 $11,853.

In 2022, 82% of undergraduate students attending Hillsdale Beauty College received financial aid through grants. Comparatively, 76% of undergraduate students received financial aid through loans.

Average Net Price

$11,853

2022 Value

9.49%

1 Year Growth

In 2022 Hillsdale Beauty College had an average net price — the price paid after factoring in grants and loans — of $11,853. Between 2021 and 2022, the average net price of Hillsdale Beauty College grew by 9.49%.

This chart compares the average net price of Hillsdale Beauty 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.

Financial Aid by Income Level

82%

Undergraduates Receiving Financial Aid through Grants

76%

Undergraduates Receiving Financial Aid through Loans

82% of undergraduate students at Hillsdale Beauty College received financial aid through grants or loans in 2022. This represents a growth of 7.89% with respect to 2021, when 76% of undergraduate students received financial aid.

This chart compares the average award discount at Hillsdale Beauty 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.

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.

1.72%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Hillsdale Beauty College was 1.72%, which represents 1 out of the 58 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

Hillsdale Beauty College had a total enrollment of 31 students in 2022. The full-time enrollment at Hillsdale Beauty College is 25 students and the part-time enrollment is 6. This means that 80.6% of students enrolled at Hillsdale Beauty College are enrolled full-time.

The enrolled student population at Hillsdale Beauty College, both undergraduate and graduate, is 93.5% White, 3.23% Hispanic or Latino, and 3.23% Two or More Races.

Students enrolled at Hillsdale Beauty College in full-time Undergraduate programs are most commonly White Female (88%), followed by Hispanic or Latino Female (4%) and Two or More Races Female (4%).

Full-Time vs Part-Time Enrollment

80.6%

Full-Time Enrollment

The total enrollment at Hillsdale Beauty College in 2022, both undergraduate and graduate, is 31 students. The full-time enrollment at Hillsdale Beauty College is 25 and the part-time enrollment is 6.

This chart shows the full-time vs part-time enrollment status at Hillsdale Beauty College (in red) compares to similar universities.

Retention Rate over Time

67%

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 Hillsdale Beauty College was 67%.

This chart shows the retention rate over time at Hillsdale Beauty College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
29 enrolled students
Hispanic or Latino
1 enrolled students
Two or More Races
1 enrolled students

The enrolled student population at Hillsdale Beauty College is 93.5% White, 3.23% Hispanic or Latino, and 3.23% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2021, 9 more women than men received degrees from Hillsdale Beauty College. The most common race/ethnicity group of degree recipients at Hillsdale Beauty College is white (19 degrees awarded).

The most common 1 to 2 Year Postsecondary Certificate concentration at Hillsdale Beauty College is General Cosmetology (18 degrees awarded).

In 2022, the most specialized majors across all degree types at Hillsdale Beauty College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (20 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 Hillsdale Beauty College 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 Hillsdale Beauty College in 2022 are Personal & Culinary Services (20 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 Hillsdale Beauty College are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Hillsdale Beauty College are Personal & Culinary Services (20 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 Hillsdale Beauty 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 Hillsdale Beauty College are Personal & Culinary Services (20 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 Hillsdale Beauty College.

General Cosmetology

Most Common (2022)

18 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Hillsdale Beauty College was General Cosmetology with 18 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 0 degrees were awarded to men at Hillsdale Beauty College, which is 0 times less than the number of degrees awarded to females (9).

This chart displays the sex disparity between the top 5 majors at Hillsdale Beauty College by degrees awarded.

Most Common Female Majors

In 2022, 18 degrees were awarded to women at Hillsdale Beauty College in General Cosmetology. There were no male recipients with the same degree.

Time to Complete

50%

100% Completion Time

61%

150% Completion Time

In 2022, 50% of students graduating from Hillsdale Beauty College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 61% completed their degrees within 150% of the normal time, and 61% 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

White

Most Common Student Race or Ethnicity (2022)

19 degrees awarded

The most common race/ethnicity at Hillsdale Beauty College is white (19 degrees awarded).

5% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

White Female

Most Common Sex Demographic (2022)

19 degrees awarded

The most common race/ethnicity and sex grouping at Hillsdale Beauty College is white female (19 degrees awarded).

Operations

Salary Expenditure

$179k

2022 Salaries

79.2%

growth from 2021

In 2022, Hillsdale Beauty College paid a median of $179k in salaries, a 79.2% growth from the previous year. This is compared to a 16.2% growth between 2020 and 2021, and a 8.13% decline between 2019 and 2020.

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

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