Wright Beauty Academy

wba.edu

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2019 Average Net Price

$5,067

After Financial Aid

2017 Default Rate

27.8%

on Student Loans

2019 Enrolled Students

32.7% Full-Time

About

Wright Beauty Academy is a higher education institution located in Calhoun County, MI. In 2019, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Wright Beauty Academy were General Cosmetology (21 degrees awarded).

In 2018, 37 degrees were awarded across all undergraduate and graduate programs at Wright Beauty Academy. 97.3% of these degrees were awarded to women, and 2.7% awarded men. The most common race/ethnicity group of degree recipients was white (16 degrees), 4 times more than then the next closest race/ethnicity group, black or african american (4 degrees).

In 2017 the default rate for borrower's at Wright Beauty Academy was 27.8%, corresponding to 10 out of the 36 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 $5,067.

In 2019, 2% of undergraduate students attending Wright Beauty Academy received financial aid through grants. Comparatively, 1% of undergraduate students received financial aid through loans.

Average Net Price

$5,067

2019 Value

45.9%

1 Year Growth

In 2019 Wright Beauty Academy had an average net price — the price paid after factoring in grants and loans — of $5,067. Between 2018 and 2019, the average net price of Wright Beauty Academy grew by 45.9%.

This chart compares the average net price of Wright Beauty Academy (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

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

2% of undergraduate students at Wright Beauty Academy received financial aid through grants or loans in 2019. This represents a decline of 97.9% with respect to 2018, when 95% of undergraduate students received financial aid.

This chart compares the average award discount at Wright Beauty Academy (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.

27.8%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Wright Beauty Academy was 27.8%, which represents 10 out of the 36 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.

Enrollment

Wright Beauty Academy had a total enrollment of 52 students in 2019. The full-time enrollment at Wright Beauty Academy is 17 students and the part-time enrollment is 35. This means that 32.7% of students enrolled at Wright Beauty Academy are enrolled full-time.

The enrolled student population at Wright Beauty Academy, both undergraduate and graduate, is 57.7% White, 15.4% Black or African American, 9.62% Hispanic or Latino, 9.62% Two or More Races, and 7.69% Asian.

Students enrolled at Wright Beauty Academy in full-time Undergraduate programs are most commonly White Female (58.8%), followed by Hispanic or Latino Female (17.6%) and Asian Female (5.88%).

Full-Time vs Part-Time Enrollment

32.7%

Full-Time Enrollment

The total enrollment at Wright Beauty Academy in 2019, both undergraduate and graduate, is 52 students. The full-time enrollment at Wright Beauty Academy is 17 and the part-time enrollment is 35.

This chart shows the full-time vs part-time enrollment status at Wright Beauty Academy (in red) compares to similar universities.

Retention Rate over Time

100%

2019 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 Wright Beauty Academy was 100%.

This chart shows the retention rate over time at Wright Beauty Academy (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2019)

White
30 enrolled students
Black or African American
8 enrolled students
Hispanic or Latino
5 enrolled students

The enrolled student population at Wright Beauty Academy is 57.7% White, 15.4% Black or African American, 9.62% Hispanic or Latino, 9.62% Two or More Races, and 7.69% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

Graduates

In 2018, 35 more women than men received degrees from Wright Beauty Academy. The most common race/ethnicity group of degree recipients at Wright Beauty Academy is white (16 degrees awarded). There were 4 times more white recipients than the next closest race/ethnicity group, black or african american (4 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Wright Beauty Academy is General Cosmetology (21 degrees awarded).

In 2019, the most specialized majors across all degree types at Wright Beauty Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (27 degrees awarded).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Wright Beauty Academy are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at Wright Beauty Academy in 2019 are Personal & Culinary Services (27 degrees awarded) (as of 2019).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Wright Beauty Academy are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Wright Beauty Academy are Personal & Culinary Services (27 degrees awarded) (as of 2019).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Wright Beauty Academy are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Wright Beauty Academy are Personal & Culinary Services (27 degrees awarded) (as of 2019).

Majors Awarded

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

General Cosmetology

Most Common (2019)

21 degrees awarded

In 2019, the most common 1 to 2 year postsecondary certificate concentration at Wright Beauty Academy 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 Wright Beauty Academy according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2018

Degrees Awarded to Women

in 2018

In 2018, 1 degrees were awarded to men at Wright Beauty Academy, which is 0.0278 times less than the number of degrees awarded to females (36).

This chart displays the sex disparity between the top 5 majors at Wright Beauty Academy by degrees awarded.

Most Common Male Majors

Most Common Female Majors

In 2019, 21 degrees were awarded to women at Wright Beauty Academy in General Cosmetology. There were no male recipients with the same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2019)

White
16 degrees awarded
Black or African American
4 degrees awarded
Asian
3 degrees awarded

The most common race/ethnicity at Wright Beauty Academy is white (16 degrees awarded). There were 4 times more white recipients than the next closest race/ethnicity group, black or african american (4 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2019)

White Female
16 degrees awarded
Black or African American Female
4 degrees awarded
Asian Female
3 degrees awarded

The most common race/ethnicity and sex grouping at Wright Beauty Academy is white female (16 degrees awarded). There were 4 times more white female recipients than the next closest race/ethnicity group, black or african american female (4 degrees).

Operations

Salary Expenditure

$98.1k

2019 Salaries

1.43%

growth from 2018

In 2019, Wright Beauty Academy paid a median of $98.1k in salaries, a 1.43% growth from the previous year. This is compared to a 39.4% growth between 2017 and 2018, and a 18% decline between 2016 and 2017.

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

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