Memphis Institute of Barbering

thebarberschool.edu

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

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.

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).

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).

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).

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.

Time to Complete

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.

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).

Race & Ethnicity by Sex

Most Common Sex Demographic (2018)

Black or African American Male
68 degrees awarded
Black or African American Male
62 degrees awarded
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).

Memphis Institute of Barbering

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Memphis Institute of Barbering

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About

Costs

Average Net Price

Financial Aid by Income Level

Student Loan Default Rate

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

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