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Is PJ's College of Cosmetology-Richmond worth it?
A first pass affordability and outcome read for PJ's College of Cosmetology-Richmond, using national average inputs. Run your own numbers for a personalized score.
Worth-It Score
Stretch
PJ's College of Cosmetology-Richmond sits in the stretch band for a typical family. The long-run earnings picture at $34,907 helps, but median debt of $7,389 plus yearly net price of $18,997 creates a tighter path. It can work, but the financing plan has to be deliberate.
Score breakdown
The public version of the score weighs affordability, after graduation outcomes, and repayment burden.
Affordability
40% weight
The yearly net price sits in a range that leaves more room for family cash flow and lower borrowing.
Outcome
40% weight
The outcome data does not create enough margin to fully offset the cost.
Repayment
20% weight
Median debt stays in a more comfortable repayment range for a typical graduate.
The numbers behind the score
Median net price per year
$18,997
Median earnings 10 years out
$34,907
Median debt at graduation
$7,389
Graduation rate
59%
At PJ's College of Cosmetology-Richmond, a typical graduate carries about $7,389 in student debt and earns roughly $34,907 ten years after enrolling. On a standard 10-year repayment plan, that works out to about $84 per month, or 3% of pre-tax income. That sits inside a borrower comfort range for many graduates.
How earnings compare to a high school diploma
Graduates earn $3,591 more than the typical working high school graduate in Indiana ($31,316) ten years after entering this school. A federal rule finalized in July 2026 ties each undergraduate program's federal loan eligibility to a comparison like this one, with the first calculations expected in 2027.
The national figure is $31,269. The Department of Education uses it instead of the state figure when fewer than half of a school's students come from its state.
47% of former students here earned more than the typical high school graduate ten years after entry, by College Scorecard's own measure.
Context, not a federal determination. The benchmarks are the Department of Education's published thresholds (2024 notice, based on 2022 Census data); thresholds under the 2026 rule have not been released yet. The official test looks at each program's graduates four years after completion; our figure is College Scorecard's median for the whole school, ten years after entry. How this works
Program earnings vs. the federal benchmark
Median earnings of working graduates four years after finishing each undergraduate program, next to the benchmark the federal earnings test uses: the typical working high school graduate aged 25–34 in Indiana ($31,316).
Cosmetology and Related Personal Grooming Services
Certificate · 17 working graduates counted
$31,741
Not rated on 2025 earnings (tipped-job rule)
An estimate, not an official determination. Under a federal rule taking effect July 1, 2027, programs below this benchmark in official results may face limits on federal student loans; Pell Grants are not affected. The official test uses finer program categories, different graduating classes and the Department's own records; its first results are expected in 2027. Programs that train for tipped jobs, such as cosmetology and massage, won't be rated on 2025 earnings, and the Department decides which programs qualify. Earnings: College Scorecard field-of-study data (released Oct 15, 2026). Benchmark: Department of Education published thresholds (2024 notice).
Represent PJ's College of Cosmetology-Richmond and think a figure here is wrong? Request a correction and we'll check it against the latest College Scorecard release.
What this means for your family
PJ's College of Cosmetology-Richmond is a two year school in Richmond, IN. For many families, the real question is not just sticker price but what this path unlocks next, whether that is direct employment, transfer, or a lower cost route into a four year degree.
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Common questions about PJ's College of Cosmetology-Richmond
The median net price at PJ's College of Cosmetology-Richmond is $18,997 per year. That is the average yearly price after typical grant aid for students in the public federal data, not the published sticker price.
Get your personalized Worth-It score
National averages are a starting point. Plug in your actual aid offer, intended major, and family situation to get a score that reflects your specific picture.
The Worth-It Score weighs affordability (40%), after graduation outcomes (40%), and repayment burden (20%). Underlying data points come from publicly available federal higher education reporting. See full methodology →
What families actually paid
The published price is rarely what anyone pays. Pick a household income range to see what students at PJ's College of Cosmetology-Richmond in that range paid on average, after grants and scholarships.
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All students who received aid
$18,997a year, on average
Average for first-time, full-time students who received federal financial aid, 2024-25. It does not include transfer or part-time students, and it is an average rather than a quote — what you pay depends on your own circumstances and the aid this school offers you. Source: U.S. Department of Education, IPEDS.
Now work out how to pay for it, cheapest money first.
A Worth-It Score tells you whether the price is justified. The 2026-27 funding guide covers the borrowing order, what changed on July 1, 2026, and the current limits.
Open the 2026-27 funding guide →