M J Murphy Beauty College of Mount Pleasant

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2022 Average Net Price
$11,279
After Financial Aid
2020 Default Rate
3.08%
on Student Loans
2022 Enrolled Students
52
44.2% Full-Time

About

M J Murphy Beauty College of Mount Pleasant is a higher education institution located in Isabella County, MI. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at M J Murphy Beauty College of Mount Pleasant were General Cosmetology (17 degrees awarded).

In 2022, 23 degrees were awarded across all undergraduate and graduate programs at M J Murphy Beauty College of Mount Pleasant. 95.7% of these degrees were awarded to women, and 4.35% awarded men. The most common race/ethnicity group of degree recipients was white (18 degrees), 9 times more than then the next closest race/ethnicity group, asian (2 degrees).

In 2020 the default rate for borrower's at M J Murphy Beauty College of Mount Pleasant was 3.08%, corresponding to 2 out of the 65 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $11,279.

In 2022, 94% of undergraduate students attending M J Murphy Beauty College of Mount Pleasant received financial aid through grants. Comparatively, 89% of undergraduate students received financial aid through loans.

Average Net Price

$11,279
2022 Value
47.6%
1 Year Growth

In 2022 M J Murphy Beauty College of Mount Pleasant had an average net price — the price paid after factoring in grants and loans — of $11,279. Between 2021 and 2022, the average net price of M J Murphy Beauty College of Mount Pleasant grew by 47.6%.

This chart compares the average net price of M J Murphy Beauty College of Mount Pleasant (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

94%
Undergraduates Receiving Financial Aid through Grants
89%
Undergraduates Receiving Financial Aid through Loans

94% of undergraduate students at M J Murphy Beauty College of Mount Pleasant received financial aid through grants or loans in 2022. This represents a growth of 9.3% with respect to 2021, when 86% of undergraduate students received financial aid.

This chart compares the average award discount at M J Murphy Beauty College of Mount Pleasant (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.
3.08%
2020 Default Rate
2
Number of Defaults

In 2020 the default rate for borrower's at M J Murphy Beauty College of Mount Pleasant was 3.08%, which represents 2 out of the 65 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

M J Murphy Beauty College of Mount Pleasant had a total enrollment of 52 students in 2022. The full-time enrollment at M J Murphy Beauty College of Mount Pleasant is 23 students and the part-time enrollment is 29. This means that 44.2% of students enrolled at M J Murphy Beauty College of Mount Pleasant are enrolled full-time.

The enrolled student population at M J Murphy Beauty College of Mount Pleasant, both undergraduate and graduate, is 84.6% White, 5.77% Black or African American, 5.77% American Indian or Alaska Native, and 3.85% Two or More Races.

Students enrolled at M J Murphy Beauty College of Mount Pleasant in full-time Undergraduate programs are most commonly White Female (82.6%), followed by Black or African American Female (8.7%) and American Indian or Alaska Native Female (8.7%).

Full-Time vs Part-Time Enrollment

44.2%
Full-Time Enrollment

The total enrollment at M J Murphy Beauty College of Mount Pleasant in 2022, both undergraduate and graduate, is 52 students. The full-time enrollment at M J Murphy Beauty College of Mount Pleasant is 23 and the part-time enrollment is 29.

This chart shows the full-time vs part-time enrollment status at M J Murphy Beauty College of Mount Pleasant (in red) compares to similar universities.

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Retention Rate over Time

100%
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 M J Murphy Beauty College of Mount Pleasant was 100%.

This chart shows the retention rate over time at M J Murphy Beauty College of Mount Pleasant (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    44 enrolled students
  2. Black or African American
    3 enrolled students
  3. American Indian or Alaska Native
    3 enrolled students

The enrolled student population at M J Murphy Beauty College of Mount Pleasant is 84.6% White, 5.77% Black or African American, 5.77% American Indian or Alaska Native, and 3.85% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 21 more women than men received degrees from M J Murphy Beauty College of Mount Pleasant. The most common race/ethnicity group of degree recipients at M J Murphy Beauty College of Mount Pleasant is white (18 degrees awarded). There were 9 times more white recipients than the next closest race/ethnicity group, asian (2 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at M J Murphy Beauty College of Mount Pleasant is General Cosmetology (17 degrees awarded).

In 2022,  the most specialized majors across all degree types at M J Murphy Beauty College of Mount Pleasant, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (23 degrees awarded).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at M J Murphy Beauty College of Mount Pleasant 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 M J Murphy Beauty College of Mount Pleasant in 2022 are Personal & Culinary Services (23 degrees awarded) (as of 2022).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at M J Murphy Beauty College of Mount Pleasant are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at M J Murphy Beauty College of Mount Pleasant are Personal & Culinary Services (23 degrees awarded) (as of 2022).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at M J Murphy Beauty College of Mount Pleasant 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 M J Murphy Beauty College of Mount Pleasant are Personal & Culinary Services (23 degrees awarded) (as of 2022).

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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 M J Murphy Beauty College of Mount Pleasant.
Most Common (2022)
17 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at M J Murphy Beauty College of Mount Pleasant was General Cosmetology with 17 degrees awarded.

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

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Sex Breakdown for Common Majors

1
Degrees Awarded to Men
in 2022
22
Degrees Awarded to Women
in 2022

In 2022, 1 degrees were awarded to men at M J Murphy Beauty College of Mount Pleasant, which is 0.0455 times less than the number of degrees awarded to females (22).

This chart displays the sex disparity between the top 5 majors at M J Murphy Beauty College of Mount Pleasant by degrees awarded.

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Most Common Male Majors

In 2022, 1 degrees were awarded to men at M J Murphy Beauty College of Mount Pleasant in General Cosmetology, which is 0.0625 times less than the 16 female recipients with that same degree.

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Most Common Female Majors

In 2022, 16 degrees were awarded to men at M J Murphy Beauty College of Mount Pleasant in General Cosmetology, which is 16 times more than the 1 male recipients with that same degree.

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Time to Complete

81%
100% Completion Time
100%
150% Completion Time

In 2022, 81% of students graduating from M J Murphy Beauty College of Mount Pleasant completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 100% completed their degrees within 150% of the normal time, and 100% 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 (2022)
  1. White
    18 degrees awarded
  2. Asian
    2 degrees awarded
  3. Hispanic or Latino
    2 degrees awarded

The most common race/ethnicity at M J Murphy Beauty College of Mount Pleasant is white (18 degrees awarded). There were 9 times more white recipients than the next closest race/ethnicity group, asian (2 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    17 degrees awarded
  2. Asian Female
    2 degrees awarded
  3. Hispanic or Latino Female
    2 degrees awarded

The most common race/ethnicity and sex grouping at M J Murphy Beauty College of Mount Pleasant is white female (17 degrees awarded). There were 8.5 times more white female recipients than the next closest race/ethnicity group, asian female (2 degrees).

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Operations

Salary Expenditure

$47.5k
2022 Salaries
26%
decline from 2021

In 2022, M J Murphy Beauty College of Mount Pleasant paid a median of $47.5k in salaries, a 26% decline from the previous year. This is compared to a 46.5% decline between 2020 and 2021, and a 44.7% growth between 2019 and 2020.

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

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