Networks Barber College

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2022 Average Net Price
$20,890
After Financial Aid
2020 Default Rate
8.54%
on Student Loans
2022 Enrolled Students
12
100% Full-Time

About

Networks Barber College is a higher education institution located in Cook County, IL. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Networks Barber College were Barbering (11 degrees awarded) and Cosmetology, Barber, & Nail Instructor (3 degrees).

In 2022, 14 degrees were awarded across all undergraduate and graduate programs at Networks Barber College. 14.3% of these degrees were awarded to women, and 85.7% awarded men. The most common race/ethnicity group of degree recipients was black or african american (11 degrees), 3.67 times more than then the next closest race/ethnicity group, hispanic or latino (3 degrees).

In 2020 the default rate for borrower's at Networks Barber College was 8.54%, corresponding to 7 out of the 82 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $20,890.

In 2022, 100% of undergraduate students attending Networks Barber College received financial aid through grants. Comparatively, 89% of undergraduate students received financial aid through loans.

Average Net Price

$20,890
2022 Value
1.63%
1 Year Growth

In 2022 Networks Barber College had an average net price — the price paid after factoring in grants and loans — of $20,890. Between 2021 and 2022, the average net price of Networks Barber College grew by 1.63%.

This chart compares the average net price of Networks Barber College (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

100%
Undergraduates Receiving Financial Aid through Grants
89%
Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Networks Barber College received financial aid through grants or loans in 2022. This represents a growth of 78.6% with respect to 2021, when 56% of undergraduate students received financial aid.

This chart compares the average award discount at Networks Barber College (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.
8.54%
2020 Default Rate
7
Number of Defaults

In 2020 the default rate for borrower's at Networks Barber College was 8.54%, which represents 7 out of the 82 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

Networks Barber College had a total enrollment of 12 students in 2022. The full-time enrollment at Networks Barber College is 12 students and the part-time enrollment is 0. This means that 100% of students enrolled at Networks Barber College are enrolled full-time.

The enrolled student population at Networks Barber College, both undergraduate and graduate, is 91.7% Black or African American and 8.33% Hispanic or Latino.

Students enrolled at Networks Barber College in full-time Undergraduate programs are most commonly Black or African American Male (66.7%), followed by Black or African American Female (25%) and Hispanic or Latino Male (8.33%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Networks Barber College in 2022, both undergraduate and graduate, is 12 students. The full-time enrollment at Networks Barber College is 12 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Networks Barber College (in red) compares to similar universities.

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Retention Rate over Time

100%
2022 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 Networks Barber College was 100%.

This chart shows the retention rate over time at Networks Barber College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Black or African American
    11 enrolled students
  2. Hispanic or Latino
    1 enrolled students

The enrolled student population at Networks Barber College is 91.7% Black or African American and 8.33% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 10 fewer women than men received degrees from Networks Barber College. The most common race/ethnicity group of degree recipients at Networks Barber College is black or african american (11 degrees awarded). There were 3.67 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (3 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Networks Barber College is Barbering (11 degrees awarded), followed by Cosmetology, Barber, & Nail Instructor (3 degrees).

In 2022,  the most specialized majors across all degree types at Networks Barber College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (14 degrees awarded).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Networks Barber College are Chefs & head cooks (8,521 people), Cooks (3,235 people), Morticians, undertakers, & funeral directors (2,785 people), Food service managers (2,333 people), and Firstline supervisors of food preparation & serving workers (1,142 people).

The most specialized majors at Networks Barber College in 2022 are Personal & Culinary Services (14 degrees awarded) (as of 2022).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Networks Barber College are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Networks Barber College are Personal & Culinary Services (14 degrees awarded) (as of 2022).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Networks Barber College are Restaurants & Food Services (12,244 people), Funeral homes, & cemeteries & crematories (3,016 people), Traveler accommodation (1,919 people), Elementary & secondary schools (1,775 people), and Construction (1,430 people).

The most specialized majors at Networks Barber College are Personal & Culinary Services (14 degrees awarded) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Networks Barber College.
Most Common (2022)
  1. 11 degrees awarded
  2. 3 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Networks Barber College was Barbering with 11 degrees awarded.

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

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Sex Breakdown for Common Majors

12
Degrees Awarded to Men
in 2022
2
Degrees Awarded to Women
in 2022

In 2022, 12 degrees were awarded to men at Networks Barber College, which is 6 times more than the number of degrees awarded to females (2).

This chart displays the sex disparity between the top 5 majors at Networks Barber College by degrees awarded.

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Most Common Male Majors

In 2022, 10 degrees were awarded to men at Networks Barber College in Barbering, which is 10 times more than the 1 female recipients with that same degree.

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Most Common Female Majors

In 2022, 1 degrees were awarded to men at Networks Barber College in Barbering, which is 0.1 times less than the 10 male recipients with that same degree.

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Time to Complete

8%
100% Completion Time
8%
150% Completion Time

In 2022, 8% of students graduating from Networks Barber College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 8% completed their degrees within 150% of the normal time, and 8% 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 (2022)
  1. Black or African American
    11 degrees awarded
  2. Hispanic or Latino
    3 degrees awarded

The most common race/ethnicity at Networks Barber College is black or african american (11 degrees awarded). There were 3.67 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (3 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Black or African American Male
    9 degrees awarded
  2. Hispanic or Latino Male
    3 degrees awarded
  3. Black or African American Female
    2 degrees awarded

The most common race/ethnicity and sex grouping at Networks Barber College is black or african american male (9 degrees awarded). There were 3 times more black or african american male recipients than the next closest race/ethnicity group, hispanic or latino male (3 degrees).

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Operations

Salary Expenditure

$256k
2022 Salaries
19.2%
growth from 2021

In 2022, Networks Barber College paid a median of $256k in salaries, a 19.2% growth from the previous year.

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

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