Cosmetology and Related Personal Grooming Services at City Colleges of Chicago - Harry S Truman College
IL · Associate's Degree · CIP 12.04
Executive Summary
Graduates with a Cosmetology and Related Personal Grooming Services degree from City Colleges of Chicago - Harry S Truman College earn a median salary of $31,699 within five years of graduation. Adjusted for the cost of living in IL, this represents a national purchasing power equivalent of $34,531. The degree typically pays for itself in 1262.4 years.
Quick Insights
How this degree looks at a glance
A fast read on salary range, break-even speed, living-cost impact, and where graduates from this school usually land.
Salary Ranges
Starting Range
$24,011
Typical Career
$31,699
Top Performers
$42,371
Estimated break-even: 1262.4 years.
Debt-to-Income Check
$211
Estimated comfortable monthly loan payment
Typical monthly pay is approximately $2,642. Most students can comfortably afford about a $211 monthly loan payment with this degree.
Comparison Bench
This degree earns 0.8x more than the average US high school graduate and 0.4x more than the average college graduate.
Purchasing Power Context
A dollar in Illinois buys what costs $0.92 nationally.
Industry Breadcrumbs
Top industries for bachelor's graduates from this school: Health Care & Social Assistance, Retail Trade, Accommodation & Food Services.
Where Associate's Graduates from This School Work
Institution-wide industry mix for graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.
5-Year Median Salary — National Purchasing Power Equivalent
$34,531
Nominal: $31,699 in Illinois (COL 91.8% of national avg) · 8.9% higher purchasing power
10-Year Earnings Curve
Break-Even Timeline
How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).
Total Investment
$155,168
4yr tuition + 4yr opportunity cost
HS Graduate Baseline
$38,792/yr
BLS 2023 median, HS diploma
View Raw Data: Median Earnings by Year
| Timeframe | 25th Pct. | Median (50th) | 75th Pct. |
|---|---|---|---|
| 1 Year After Graduation | $19,109 | $25,751 | $37,105 |
| 5 Years After Graduation | $24,011 | $31,699 | $42,371 |
| 10 Years After Graduation | $28,654 | $38,967 | $48,984 |
Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).
How We Calculate Purchasing Power
The median salary of $31,699 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in IL, which has a cost-of-living index of 91.8% of the national average.
Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $31,699 × (1.0 ÷ 0.9180)
= $34,531 National Average equivalent.
COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →
Career Verdict
The majority of graduates enter the Health Care & Social Assistance sector, with 50.1% employed in this field one year after graduation. This trend continues, with 45.6% and 16.7% remaining in the same industry over subsequent years. Despite the potential for steady earnings growth, the estimated break-even point compared to a high-school-only path is approximately 1,262.4 years, indicating a long-term return on investment that may not favor immediate financial gains. Overall, while the program offers a pathway into a stable industry, the financial return relative to time invested may require careful consideration.
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See how the Cosmetology and Related Personal Grooming Services degree at City Colleges of Chicago - Harry S Truman College stacks up against another institution side-by-side.
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Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.