MKG Beauty & Business

www.mkgacademy.edu

2020 Average Net Price

$14,709

After Financial Aid

2017 Default Rate

2.22%

on Student Loans

2020 Enrolled Students

50.8% Full-Time

Costs

After taking grants and loans into account, the average net price for students is $14,709.

In 2020, 43% of undergraduate students attending MKG Beauty & Business received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Average Net Price

$14,709

2020 Value

10%

1 Year Growth

In 2020 MKG Beauty & Business had an average net price — the price paid after factoring in grants and loans — of $14,709. Between 2019 and 2020, the average net price of MKG Beauty & Business grew by 10%.

This chart compares the average net price of MKG Beauty & Business (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

43%

Undergraduates Receiving Financial Aid through Grants

50%

Undergraduates Receiving Financial Aid through Loans

43% of undergraduate students at MKG Beauty & Business received financial aid through grants or loans in 2020. This represents a decline of 8.51% with respect to 2019, when 47% of undergraduate students received financial aid.

This chart compares the average award discount at MKG Beauty & Business (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.

2.22%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at MKG Beauty & Business was 2.22%, which represents 1 out of the 45 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 2020, 82 more women than men received degrees from MKG Beauty & Business. The most common race/ethnicity group of degree recipients at MKG Beauty & Business is white (61 degrees awarded). There were 3.59 times more white recipients than the next closest race/ethnicity group, hispanic or latino (17 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at MKG Beauty & Business is General Cosmetology (21 degrees awarded), followed by Master Aesthetician (10 degrees) and Barbering (9 degrees).

In 2020, the most specialized majors across all degree types at MKG Beauty & Business, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (92 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 MKG Beauty & Business 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 MKG Beauty & Business in 2020 are Personal & Culinary Services (92 degrees awarded) (as of 2020).

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 MKG Beauty & Business are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Construction managers, and Operations research analysts

The most specialized majors at MKG Beauty & Business are Personal & Culinary Services (92 degrees awarded) (as of 2020).

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 MKG Beauty & Business 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 MKG Beauty & Business are Personal & Culinary Services (92 degrees awarded) (as of 2020).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by MKG Beauty & Business.

Most Common (2020)

General Cosmetology
21 degrees awarded
Master Aesthetician
10 degrees awarded
Barbering
9 degrees awarded

In 2020, the most common 1 to 2 year postsecondary certificate concentration at MKG Beauty & Business was General Cosmetology with 21 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2020

Degrees Awarded to Women

in 2020

In 2020, 5 degrees were awarded to men at MKG Beauty & Business, which is 0.0575 times less than the number of degrees awarded to females (87).

This chart displays the sex disparity between the top 5 majors at MKG Beauty & Business by degrees awarded.

Most Common Male Majors

In 2020, 3 degrees were awarded to men at MKG Beauty & Business in General Cosmetology, which is 0.167 times less than the 18 female recipients with that same degree.

Most Common Female Majors

In 2020, 52 degrees were awarded to women at MKG Beauty & Business in Aesthetician & Skin Care Specialist. There were no male recipients with the same degree.

Time to Complete

39%

100% Completion Time

88%

150% Completion Time

In 2020, 39% of students graduating from MKG Beauty & Business completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 88% completed their degrees within 150% of the normal time, and 88% 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 (2020)

White
61 degrees awarded
Hispanic or Latino
17 degrees awarded
Asian
5 degrees awarded

The most common race/ethnicity at MKG Beauty & Business is white (61 degrees awarded). There were 3.59 times more white recipients than the next closest race/ethnicity group, hispanic or latino (17 degrees).

3.26% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2020)

White Female
69 degrees awarded
White Female
59 degrees awarded
White Female
59 degrees awarded

The most common race/ethnicity and sex grouping at MKG Beauty & Business is white female (69 degrees awarded). There were 1.17 times more white female recipients than the next closest race/ethnicity group, white female (59 degrees).

MKG Beauty & Business

About

MKG Beauty & Business

SHOW ME THE DATA

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

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

Keep Exploring