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.

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.

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

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.

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 (81%), followed by Black or African American Female (14.3%) and White Female (4.76%).

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.

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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2018)

Black or African American
118 enrolled students
White
10 enrolled students
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.

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

Elementary & middle school teachers

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 Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

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

Highest Paying Jobs by Major

Surgeons

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 Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

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

Common Industries by Major

Elementary & secondary schools

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 Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

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

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Memphis Institute of Barbering.

Barbering

Most Common (2018)

68 degrees awarded

In 2018, the most common 1 to 2 year postsecondary certificate concentration at Memphis Institute of Barbering was Barbering with 68 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Memphis Institute of Barbering according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2018

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.

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.

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2018)

Black or African American
62 degrees awarded
Hispanic or Latino
4 degrees awarded
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).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2018)

Black or African American Male
41 degrees awarded
Black or African American Female
21 degrees awarded
Hispanic or Latino Male
3 degrees awarded

The most common race/ethnicity and sex grouping at Memphis Institute of Barbering is black or african american male (41 degrees awarded). There were 1.95 times more black or african american male recipients than the next closest race/ethnicity group, black or african american female (21 degrees).

Operations

Salary Expenditure

$643k

2018 Salaries

9.94%

decline from 2017

In 2018, Memphis Institute of Barbering paid a median of $643k in salaries, a 9.94% decline from the previous year. This is compared to a 3.11% decline between 2016 and 2017, and a 4.21% decline between 2015 and 2016.

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

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