Cosmetology Degree from Moraine Park Technical College Return on Investment

See what the return on investment is for jobs that someone with a Cosmetology degree from Moraine Park Technical College is likely to work in.

F D C B A
Approximate Total Payment $67,188
Approximate Total Interest $19,017
Monthly Payment $466.59
Assumed Loan Type Direct Subsidized
Assumed Repayment Plan Standard Fixed
Assumed Payoff Years 12
Assumed Scholarship Amount $0
Assumed Down Payment $0

Top job projections for graduates in cosmetology from moraine park technical college

Hairdressers, hairstylists, and cosmetologists

Projection Rating: B-

Median Annual Wage: $34,970

Percentage of Paycheck to Repay: 16.01%-11.91%

Employment Change: 40.3%

Entry-Level Education: Postsecondary nondegree award

Skincare specialists

Projection Rating: B

Median Annual Wage: $43,200

Percentage of Paycheck to Repay: 12.96%-9.64%

Employment Change: 8.4%

Entry-Level Education: Postsecondary nondegree award

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Investing in your education is one of the most significant decisions you can make for your future. A cosmetology degree from Moraine Park Technical College not only offers you the chance to pursue your passion for beauty and wellness but also promises a substantial return on investment (ROI). Here’s why choosing Moraine Park for your cosmetology education is a smart financial decision.

First and foremost, Moraine Park Technical College is known for its hands-on, practical training that equips students with the skills needed to excel in the fast-paced beauty industry. With a curriculum that combines theory and practice, graduates are well-prepared to enter the workforce, making them highly desirable to employers. This high level of preparedness often translates into higher starting salaries and better job opportunities, enhancing your ROI.

Furthermore, the cosmetology program at Moraine Park boasts a strong network of industry connections. Local salons and beauty businesses frequently seek out Moraine Park graduates, ensuring that students have access to job placements and internships that can lead to employment right after graduation. This immediate entry into the workforce not only helps you recover your educational expenses quickly but also sets the stage for long-term career growth.

Additionally, the cost of attending Moraine Park Technical College is competitive compared to other institutions offering cosmetology degrees. With financial aid options and scholarships available, students can minimize their educational costs and maximize their return on investment. The college’s commitment to affordability means that you can graduate with less debt, allowing you to enjoy your earnings sooner.

Consider the potential earnings in the cosmetology field. According to industry reports, licensed cosmetologists can earn a substantial income, especially as they gain experience and build a loyal clientele. Many graduates find themselves in a position to start their own businesses, further increasing their earning potential. The skills and knowledge acquired at Moraine Park are invaluable assets in this thriving industry.

Moreover, the beauty and wellness industry is constantly evolving, which means that there are always new opportunities for growth and advancement. By obtaining a cosmetology degree from Moraine Park, you are not only investing in your immediate career but also in your long-term professional development. The skills learned can lead to further certifications, specializations, and even management positions within the beauty sector.

In conclusion, a cosmetology degree from Moraine Park Technical College is more than just an educational credential; it’s a strategic investment in your future. With a robust program, strong industry connections, competitive costs, and excellent earning potential, the ROI for graduates is clear. If you’re ready to turn your passion for beauty into a rewarding career, Moraine Park is the right choice for you.

Disclaimer: The information provided is for general informational purposes only and should not be considered financial advice. Student loan situations can vary significantly based on individual circumstances, and decisions around deferment or forbearance can have lasting financial impacts. Before making any changes to your loan repayment plan, consult a qualified financial advisor or your loan servicer to understand the best options for your unique situation. This projection assumes you are taking out a Direct Subsidized loan (using the current federal interest rate) with a 12 year Standard Fixed repayment plan on the total yearly tuition (four years if Bachelor's degree, six for Master's degree and 12 for Doctorate) of your chosen institution. Our data is refreshed on a day to day basis and may not be accurate to real time. College numbers may not be 100% accurate and may not be the exact amount you will pay, it is advised that you consult a guidance counselor for that information. This software is not intended to replace a financial advisor.

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