ROI Major

Cosmetology and Related Personal Grooming Services at Minnesota State College Southeast

MN · Associate's Degree · CIP 12.04

Apply Now Data: 2026 release

Executive Summary

Graduates with a Cosmetology and Related Personal Grooming Services degree from Minnesota State College Southeast earn a median salary of $32,492 within five years of graduation. Adjusted for the cost of living in MN, this represents a national purchasing power equivalent of $34,529. The degree typically pays for itself in 50 years.

Quick Insights

Slow Burn / High Debt Risk

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

$23,614

Typical Career

$32,492

Top Performers

$40,680

Estimated break-even: 50 years.

Debt-to-Income Check

$217

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $2,708. Most students can comfortably afford about a $217 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 Minnesota buys what costs $0.94 nationally.

Industry Breadcrumbs

Top industries for bachelor's graduates from this school: Health Care & Social Assistance, Retail Trade, Manufacturing.

Where Associate's Graduates from This School Work

Health Care & Social Assistance 51.5%
Retail Trade 11.2%
Manufacturing 10.5%

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

$34,529

Nominal: $32,492 in Minnesota (COL 94.1% of national avg) · 6.3% 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).

50 years to break even
Graduation 15 years

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 $21,019 $27,462 $37,592
5 Years After Graduation $23,614 $32,492 $40,680
10 Years After Graduation $28,536 $43,722 $58,363

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 $32,492 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in MN, which has a cost-of-living index of 94.1% of the national average.

Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $32,492 × (1.0 ÷ 0.9410) = $34,529 National Average equivalent.

COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →

Career Verdict

Graduates of the Cosmetology and Related Personal Grooming Services program at Minnesota State College Southeast can expect a gradual increase in earnings over time. Median earnings one year after graduation stand at $27,462, rising to $32,492 five years later, and reaching $43,722 a decade post-graduation. When adjusted for purchasing power, the five-year salary equivalent nationally is approximately $34,529.22, indicating that while initial earnings may be modest, there is potential for growth in real terms over time.

The primary industries that graduates enter are predominantly within Health Care & Social Assistance, with 51.5% of graduates entering this sector shortly after graduation. This trend continues, with 47.9% and 23.4% of graduates remaining in similar fields five and ten years after graduation, respectively. Considering the estimated break-even point of approximately 50 years compared to a high school-only path, the return on investment may be limited for some students. However, the consistent demand in health-related sectors suggests stable employment opportunities for graduates.

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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.