Taylortown School of Beauty Inc

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2022 Average Net Price
$22,432
After Financial Aid
2019 Default Rate
4.17%
on Student Loans
2022 Enrolled Students
220
100% Full-Time

About

Taylortown School of Beauty Inc is a higher education institution located in Wayne County, MI. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Taylortown School of Beauty Inc were General Cosmetology (66 degrees awarded).

In 2022, 196 degrees were awarded across all undergraduate and graduate programs at Taylortown School of Beauty Inc. 99% of these degrees were awarded to women, and 1.02% awarded men. The most common race/ethnicity group of degree recipients was black or african american (97 degrees), 2.31 times more than then the next closest race/ethnicity group, white (42 degrees).

Costs

After taking grants and loans into account, the average net price for students is $22,432.

In 2022, 48% of undergraduate students attending Taylortown School of Beauty Inc received financial aid through grants. Comparatively, 46% of undergraduate students received financial aid through loans.

Average Net Price

$22,432
2022 Value
23.4%
1 Year Growth

In 2022 Taylortown School of Beauty Inc had an average net price — the price paid after factoring in grants and loans — of $22,432. Between 2021 and 2022, the average net price of Taylortown School of Beauty Inc grew by 23.4%.

This chart compares the average net price of Taylortown School of Beauty Inc (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

48%
Undergraduates Receiving Financial Aid through Grants
46%
Undergraduates Receiving Financial Aid through Loans

48% of undergraduate students at Taylortown School of Beauty Inc received financial aid through grants or loans in 2022. This represents a growth of 6.67% with respect to 2021, when 45% of undergraduate students received financial aid.

This chart compares the average award discount at Taylortown School of Beauty Inc (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.
4.17%
2019 Default Rate
5
Number of Defaults

In 2019 the default rate for borrower's at Taylortown School of Beauty Inc was 4.17%, which represents 5 out of the 120 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

Taylortown School of Beauty Inc had a total enrollment of 220 students in 2022. The full-time enrollment at Taylortown School of Beauty Inc is 220 students and the part-time enrollment is 0. This means that 100% of students enrolled at Taylortown School of Beauty Inc are enrolled full-time.

The enrolled student population at Taylortown School of Beauty Inc, both undergraduate and graduate, is 62.3% Black or African American, 20.9% White, 8.64% Two or More Races, 5.45% Hispanic or Latino, and 2.27% American Indian or Alaska Native.

Students enrolled at Taylortown School of Beauty Inc in full-time Undergraduate programs are most commonly Black or African American Female (61.8%), followed by White Female (20.9%) and Two or More Races Female (8.64%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Taylortown School of Beauty Inc in 2022, both undergraduate and graduate, is 220 students. The full-time enrollment at Taylortown School of Beauty Inc is 220 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Taylortown School of Beauty Inc (in red) compares to similar universities.

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Retention Rate over Time

38%
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 Taylortown School of Beauty Inc was 38%. Compared with the full-time retention rate at similar (79%), Taylortown School of Beauty Inc had a retention rate lower than its peers.

This chart shows the retention rate over time at Taylortown School of Beauty Inc (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
    137 enrolled students
  2. White
    46 enrolled students
  3. Two or More Races
    19 enrolled students

The enrolled student population at Taylortown School of Beauty Inc is 62.3% Black or African American, 20.9% White, 8.64% Two or More Races, 5.45% Hispanic or Latino, and 2.27% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 35.2% White, 26.5% Hispanic or Latino, and 17.4% Black or African American.

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Graduates

In 2022, 192 more women than men received degrees from Taylortown School of Beauty Inc. The most common race/ethnicity group of degree recipients at Taylortown School of Beauty Inc is black or african american (97 degrees awarded). There were 2.31 times more black or african american recipients than the next closest race/ethnicity group, white (42 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Taylortown School of Beauty Inc is General Cosmetology (66 degrees awarded).

In 2022,  the most specialized majors across all degree types at Taylortown School of Beauty Inc, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (196 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 Taylortown School of Beauty Inc 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 Taylortown School of Beauty Inc in 2022 are Personal & Culinary Services (196 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 Taylortown School of Beauty Inc are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Taylortown School of Beauty Inc are Personal & Culinary Services (196 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 Taylortown School of Beauty Inc 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 Taylortown School of Beauty Inc are Personal & Culinary Services (196 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 Taylortown School of Beauty Inc.
Most Common (2022)
66 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Taylortown School of Beauty Inc was General Cosmetology with 66 degrees awarded.

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

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Sex Breakdown for Common Majors

2
Degrees Awarded to Men
in 2022
194
Degrees Awarded to Women
in 2022

In 2022, 2 degrees were awarded to men at Taylortown School of Beauty Inc, which is 0.0103 times less than the number of degrees awarded to females (194).

This chart displays the sex disparity between the top 5 majors at Taylortown School of Beauty Inc by degrees awarded.

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Most Common Male Majors

In 2022, 1 degrees were awarded to men at Taylortown School of Beauty Inc in General Cosmetology, which is 0.0154 times less than the 65 female recipients with that same degree.

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Most Common Female Majors

In 2022, 71 degrees were awarded to men at Taylortown School of Beauty Inc in Nail Specialist & Manicurist, which is 71 times more than the 1 male recipients with that same degree.

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Time to Complete

14%
100% Completion Time
26%
150% Completion Time

In 2022, 14% of students graduating from Taylortown School of Beauty Inc completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 26% completed their degrees within 150% of the normal time, and 26% 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
    97 degrees awarded
  2. White
    42 degrees awarded
  3. Hispanic or Latino
    37 degrees awarded

The most common race/ethnicity at Taylortown School of Beauty Inc is black or african american (97 degrees awarded). There were 2.31 times more black or african american recipients than the next closest race/ethnicity group, white (42 degrees).

1.53% of degree recipients (3 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Black or African American Female
    96 degrees awarded
  2. White Female
    41 degrees awarded
  3. Hispanic or Latino Female
    37 degrees awarded

The most common race/ethnicity and sex grouping at Taylortown School of Beauty Inc is black or african american female (96 degrees awarded). There were 2.34 times more black or african american female recipients than the next closest race/ethnicity group, white female (41 degrees).

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Operations

Salary Expenditure

$1.08M
2022 Salaries
27.7%
growth from 2021

In 2022, Taylortown School of Beauty Inc paid a median of $1.08M in salaries, a 27.7% growth from the previous year.

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

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