Memphis Institute of Barbering

thebarberschool.edu

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    2018 Average Net Price
    $9,768
    After Financial Aid
    2015 Default Rate
    16.4%
    on Student Loans
    2018 Enrolled Students
    129
    16.3% Full-Time

    About

    Memphis Institute of Barbering is a higher education institution located in Shelby County, TN. In 2018, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Memphis Institute of Barbering were Barbering (68 degrees awarded).

    In 2018, 71 degrees were awarded across all undergraduate and graduate programs at Memphis Institute of Barbering. 33.8% of these degrees were awarded to women, and 66.2% awarded men. The most common race/ethnicity group of degree recipients was black or african american (62 degrees), 15.5 times more than then the next closest race/ethnicity group, hispanic or latino (4 degrees).

    In 2015 the default rate for borrower's at Memphis Institute of Barbering was 16.4%, corresponding to 19 out of the 116 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 $9,768.

    In 2018, 78% of undergraduate students attending Memphis Institute of Barbering received financial aid through grants. Comparatively, 71% of undergraduate students received financial aid through loans.

    Average Net Price

    $9,768
    2018 Value
    3.09%
    1 Year Growth

    In 2018 Memphis Institute of Barbering had an average net price — the price paid after factoring in grants and loans — of $9,768. Between 2017 and 2018, the average net price of Memphis Institute of Barbering grew by 3.09%.

    This chart compares the average net price of Memphis Institute of Barbering (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

    78%
    Undergraduates Receiving Financial Aid through Grants
    71%
    Undergraduates Receiving Financial Aid through Loans

    78% of undergraduate students at Memphis Institute of Barbering received financial aid through grants or loans in 2018. This represents a decline of 17.9% with respect to 2017, when 95% of undergraduate students received financial aid.

    This chart compares the average award discount at Memphis Institute of Barbering (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.
    16.4%
    2015 Default Rate
    19
    Number of Defaults

    In 2015 the default rate for borrower's at Memphis Institute of Barbering was 16.4%, which represents 19 out of the 116 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

    Memphis Institute of Barbering had a total enrollment of 129 students in 2018. The full-time enrollment at Memphis Institute of Barbering is 21 students and the part-time enrollment is 108. This means that 16.3% of students enrolled at Memphis Institute of Barbering are enrolled full-time.

    The enrolled student population at Memphis Institute of Barbering, both undergraduate and graduate, is 91.5% Black or African American, 7.75% White, and 0.775% Two or More Races.

    Students enrolled at Memphis Institute of Barbering in full-time Undergraduate programs are most commonly Black or African American Male (72.2%), followed by Black or African American Female (24.1%) and White Female (3.7%).

    Full-Time vs Part-Time Enrollment

    16.3%
    Full-Time Enrollment

    The total enrollment at Memphis Institute of Barbering in 2018, both undergraduate and graduate, is 129 students. The full-time enrollment at Memphis Institute of Barbering is 21 and the part-time enrollment is 108.

    This chart shows the full-time vs part-time enrollment status at Memphis Institute of Barbering (in red) compares to similar universities.

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    Retention Rate over Time

    84%
    2018 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 Memphis Institute of Barbering was 84%.

    This chart shows the retention rate over time at Memphis Institute of Barbering (highlighted in red) compares to similar universities.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2018)
    1. Black or African American
      118 enrolled students
    2. White
      10 enrolled students
    3. Two or More Races
      1 enrolled students

    The enrolled student population at Memphis Institute of Barbering is 91.5% Black or African American, 7.75% White, and 0.775% 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 2018, 23 fewer women than men received degrees from Memphis Institute of Barbering. The most common race/ethnicity group of degree recipients at Memphis Institute of Barbering is black or african american (62 degrees awarded). There were 15.5 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (4 degrees).

    The most common 1 to 2 Year Postsecondary Certificate concentration at Memphis Institute of Barbering is Barbering (68 degrees awarded).

    In 2018,  the most specialized majors across all degree types at Memphis Institute of Barbering, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (71 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 Memphis Institute of Barbering are Chefs & head cooks (8,029 people), Morticians, undertakers, & funeral directors (2,563 people), Cooks (2,527 people), Food service managers (2,129 people), and Other managers (1,234 people).

    The most specialized majors at Memphis Institute of Barbering in 2018 are Personal & Culinary Services (71 degrees awarded) (as of 2018).

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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 Memphis Institute of Barbering are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Construction managers, and Operations research analysts

    The most specialized majors at Memphis Institute of Barbering are Personal & Culinary Services (71 degrees awarded) (as of 2018).

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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 Memphis Institute of Barbering are Restaurants & Food Services (10,067 people), Funeral homes, & cemeteries & crematories (2,964 people), Elementary & secondary schools (2,291 people), Traveler accommodation (1,906 people), and Construction (1,185 people).

    The most specialized majors at Memphis Institute of Barbering are Personal & Culinary Services (71 degrees awarded) (as of 2018).

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    Sex Breakdown for Common Majors

    47
    Degrees Awarded to Men
    in 2018
    24
    Degrees Awarded to Women
    in 2018

    In 2018, 47 degrees were awarded to men at Memphis Institute of Barbering, which is 1.96 times more than the number of degrees awarded to females (24).

    This chart displays the sex disparity between the top 5 majors at Memphis Institute of Barbering by degrees awarded.

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    Most Common Male Majors

    In 2018, 46 degrees were awarded to men at Memphis Institute of Barbering in Barbering, which is 2.09 times more than the 22 female recipients with that same degree.

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    Most Common Female Majors

    In 2018, 22 degrees were awarded to men at Memphis Institute of Barbering in Barbering, which is 0.478 times less than the 46 male recipients with that same degree.

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    Time to Complete

    3%
    100% Completion Time
    52%
    150% Completion Time

    In 2018, 3% of students graduating from Memphis Institute of Barbering completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 52% completed their degrees within 150% of the normal time, and 52% 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 (2018)
    1. Black or African American
      62 degrees awarded
    2. Hispanic or Latino
      4 degrees awarded
    3. White
      3 degrees awarded

    The most common race/ethnicity at Memphis Institute of Barbering is black or african american (62 degrees awarded). There were 15.5 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (4 degrees).

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2018)
    1. Black or African American Male
      68 degrees awarded
    2. Black or African American Male
      62 degrees awarded
    3. Black or African American Male
      56 degrees awarded

    The most common race/ethnicity and sex grouping at Memphis Institute of Barbering is black or african american male (68 degrees awarded). There were 1.1 times more black or african american male recipients than the next closest race/ethnicity group, black or african american male (62 degrees).

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