Cosmetology Degree from Salt Lake Community College Return on Investment

See what the return on investment is for jobs that someone with a Cosmetology degree from Salt Lake Community College is likely to work in.

F D C B A
Approximate Total Payment $56,886
Approximate Total Interest $16,101
Monthly Payment $395.04
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 salt lake community college

Hairdressers, hairstylists, and cosmetologists

Projection Rating: B

Median Annual Wage: $34,970

Percentage of Paycheck to Repay: 13.56%-10.09%

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: 10.97%-8.17%

Employment Change: 8.4%

Entry-Level Education: Postsecondary nondegree award

Don't see the job you're looking for? Click here.

Investing in a cosmetology degree from Salt Lake Community College (SLCC) can lead to significant returns, both personally and financially. As the beauty industry continues to grow, the demand for skilled cosmetologists is on the rise, making this degree a valuable asset for aspiring beauty professionals.

One of the most compelling reasons to pursue a cosmetology degree at SLCC is the comprehensive training you receive. The program not only covers essential skills such as hair cutting, coloring, and styling, but also delves into skincare, makeup artistry, and nail care. This diverse skill set prepares graduates for a variety of career paths in the beauty industry, increasing their marketability and potential earnings.

Moreover, SLCC offers affordable tuition rates compared to many other institutions, making the initial investment more manageable. With financial aid options and scholarships available, students can further reduce their costs, enhancing the overall return on investment.

Upon graduation, cosmetology students can expect to enter a vibrant job market. According to the Bureau of Labor Statistics, employment for cosmetologists is projected to grow significantly in the coming years, which translates to job security and opportunities for advancement. Many graduates find work in salons, spas, and even as freelance beauty professionals, allowing for flexible work arrangements and the potential for higher earnings.

Additionally, the hands-on experience gained during the SLCC cosmetology program, paired with networking opportunities through industry connections, can greatly improve job placement rates. Many students secure employment before they even graduate, further demonstrating the program's effectiveness.

Ultimately, a cosmetology degree from Salt Lake Community College not only equips students with the necessary skills and knowledge to succeed but also provides a solid return on investment through job opportunities, earning potential, and the ability to pursue a fulfilling career in the beauty industry. If you're passionate about beauty and looking for a rewarding career path, consider enrolling in SLCC's cosmetology program today!

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.

Get your personalized projection here!