Michigan College of Beauty-Monroe

https://michigancollegebeauty.com

Add Comparison
2023 Average Net Price
$12,599
After Financial Aid
2022 Default Rate
0%
on Student Loans
2023 Enrolled Students
100
98% Full-Time

About

Michigan College of Beauty-Monroe is a higher education institution located in Monroe County, MI. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Michigan College of Beauty-Monroe were General Cosmetology (22 degrees awarded).

In 2023, 89 degrees were awarded across all undergraduate and graduate programs at Michigan College of Beauty-Monroe. 98.9% of these degrees were awarded to women, and 1.12% awarded men. The most common race/ethnicity group of degree recipients was white (51 degrees), 2.32 times more than then the next closest race/ethnicity group, black or african american (22 degrees).

In 2022 the default rate for borrower's at Michigan College of Beauty-Monroe was 0%, corresponding to 0 out of the 70 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 $12,599.

In 2023, 54% of undergraduate students attending Michigan College of Beauty-Monroe received financial aid through grants. Comparatively, 75% of undergraduate students received financial aid through loans.

Average Net Price

$12,599
2023 Value
4.31%
1 Year Growth

In 2023 Michigan College of Beauty-Monroe had an average net price — the price paid after factoring in grants and loans — of $12,599. Between 2022 and 2023, the average net price of Michigan College of Beauty-Monroe grew by 4.31%.

This chart compares the average net price of Michigan College of Beauty-Monroe (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.

View Data
Save Image

Financial Aid by Income Level

54%
Undergraduates Receiving Financial Aid through Grants
75%
Undergraduates Receiving Financial Aid through Loans

54% of undergraduate students at Michigan College of Beauty-Monroe received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 54% of undergraduate students received financial aid.

This chart compares the average award discount at Michigan College of Beauty-Monroe (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.

View Data
Save Image

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.
0%
2022 Default Rate
0
Number of Defaults

In 2022 the default rate for borrower's at Michigan College of Beauty-Monroe was 0%, which represents 0 out of the 70 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.

View Data
Save Image

Enrollment

Michigan College of Beauty-Monroe had a total enrollment of 100 students in 2023. The full-time enrollment at Michigan College of Beauty-Monroe is 98 students and the part-time enrollment is 2. This means that 98% of students enrolled at Michigan College of Beauty-Monroe are enrolled full-time.

The enrolled student population at Michigan College of Beauty-Monroe, both undergraduate and graduate, is 73% White, 16% Black or African American, and 7% Hispanic or Latino.

Students enrolled at Michigan College of Beauty-Monroe in full-time Undergraduate programs are most commonly White Female (62.4%), followed by Black or African American Female (21.8%) and Hispanic or Latino Female (7.11%).

Full-Time vs Part-Time Enrollment

98%
Full-Time Enrollment

The total enrollment at Michigan College of Beauty-Monroe in 2023, both undergraduate and graduate, is 100 students. The full-time enrollment at Michigan College of Beauty-Monroe is 98 and the part-time enrollment is 2.

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

View Data
Save Image

Retention Rate over Time

96%
2023 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 Michigan College of Beauty-Monroe was 96%.

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

View Data
Save Image

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    73 enrolled students
  2. Black or African American
    16 enrolled students
  3. Hispanic or Latino
    7 enrolled students

The enrolled student population at Michigan College of Beauty-Monroe is 73% White, 16% Black or African American, and 7% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

View Data
Save Image

Graduates

In 2023, 87 more women than men received degrees from Michigan College of Beauty-Monroe. The most common race/ethnicity group of degree recipients at Michigan College of Beauty-Monroe is white (51 degrees awarded). There were 2.32 times more white recipients than the next closest race/ethnicity group, black or african american (22 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Michigan College of Beauty-Monroe is General Cosmetology (22 degrees awarded).

In 2023,  the most specialized majors across all degree types at Michigan College of Beauty-Monroe, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (89 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 Michigan College of Beauty-Monroe are Chefs & head cooks (7,906 people), Cooks (2,655 people), Morticians, undertakers, & funeral directors (2,587 people), Food service managers (2,017 people), and Customer service representatives (1,079 people).

The most specialized majors at Michigan College of Beauty-Monroe in 2023 are Personal & Culinary Services (89 degrees awarded) (as of 2023).

View Data
Save Image

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 Michigan College of Beauty-Monroe are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Industrial production managers

The most specialized majors at Michigan College of Beauty-Monroe are Personal & Culinary Services (89 degrees awarded) (as of 2023).

View Data
Save Image

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 Michigan College of Beauty-Monroe are Restaurants & Food Services (10,934 people), uninformed (2,945 people), Funeral homes, & cemeteries & crematories (2,828 people), Elementary & secondary schools (2,087 people), and Traveler accommodation (1,672 people).

The most specialized majors at Michigan College of Beauty-Monroe are Personal & Culinary Services (89 degrees awarded) (as of 2023).

View Data
Save Image

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Michigan College of Beauty-Monroe.
General Cosmetology
Most Common (2023)
22 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Michigan College of Beauty-Monroe was General Cosmetology with 22 degrees awarded.

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

View Data
Save Image

Sex Breakdown for Common Majors

1
Degrees Awarded to Men
in 2023
88
Degrees Awarded to Women
in 2023

In 2023, 1 degrees were awarded to men at Michigan College of Beauty-Monroe, which is 0.0114 times less than the number of degrees awarded to females (88).

This chart displays the sex disparity between the top 5 majors at Michigan College of Beauty-Monroe by degrees awarded.

View Data
Save Image

Most Common Male Majors

In 2023, 1 degrees were awarded to men at Michigan College of Beauty-Monroe in General Cosmetology, which is 0.0476 times less than the 21 female recipients with that same degree.

View Data
Save Image

Most Common Female Majors

In 2023, 47 degrees were awarded to women at Michigan College of Beauty-Monroe in Aesthetician & Skin Care Specialist. There were no male recipients with the same degree.

View Data
Save Image

Time to Complete

65%
100% Completion Time
74%
150% Completion Time

In 2023, 65% of students graduating from Michigan College of Beauty-Monroe completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 74% completed their degrees within 150% of the normal time, and 85% 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.

View Data
Save Image

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    51 degrees awarded
  2. Black or African American
    22 degrees awarded
  3. Hispanic or Latino
    7 degrees awarded

The most common race/ethnicity at Michigan College of Beauty-Monroe is white (51 degrees awarded). There were 2.32 times more white recipients than the next closest race/ethnicity group, black or african american (22 degrees).

1.12% of degree recipients (1 students) did not report their race.

View Data
Save Image

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    51 degrees awarded
  2. Black or African American Female
    22 degrees awarded
  3. Hispanic or Latino Female
    7 degrees awarded

The most common race/ethnicity and sex grouping at Michigan College of Beauty-Monroe is white female (51 degrees awarded). There were 2.32 times more white female recipients than the next closest race/ethnicity group, black or african american female (22 degrees).

View Data
Save Image

Operations

Salary Expenditure

$544k
2023 Salaries
17.1%
growth from 2022

In 2023, Michigan College of Beauty-Monroe paid a median of $544k in salaries, a 17.1% growth from the previous year. This is compared to a 2.25% decline between 2021 and 2022, and a 16.9% decline between 2020 and 2021.

View Data
Save Image