MJ's Beauty Academy Inc

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2016 Average Net Price
$13,794
After Financial Aid
2014 Student Loan
12.8%
Default Rate
2016 Enrolled Students
66
100% Full-Time

About

MJ's Beauty Academy Inc is a higher education institution located in Dallas County, TX. In 2017, the most popular 1 to 2 Year Postsecondary Certificate concentrations at MJ's Beauty Academy Inc were General Cosmetology (29 degrees awarded).

In 2017, 39 degrees were awarded across all undergraduate and graduate programs at MJ's Beauty Academy Inc. 92.3% of these degrees were awarded to women, and 7.69% awarded men. The most common race/ethnicity group of degree recipients was black or african american (38 degrees), 38 times more than then the next closest race/ethnicity group, hispanic or latino (1 degrees).

dollarCosts

After taking grants and loans into account, the average net price for students is $13,794.

In 2016, 72% of undergraduate students attending MJ's Beauty Academy Inc received financial aid through grants. Comparatively, 79% of undergraduate students received financial aid through loans.

Average Net Price

$13,794
2016 Value
6.62%
1 Year Growth

In 2016 MJ's Beauty Academy Inc had an average net price — the price paid after factoring in grants and loans — of $13,794. Between 2015 and 2016, the average net price of MJ's Beauty Academy Inc grew by 6.62%.

This chart compares the average net price of MJ's Beauty Academy Inc (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Financial Aid by Income Level

72%
Undergraduates Receiving Financial Aid through Grants
79%
Undergraduates Receiving Financial Aid through Loans

72% of undergraduate students at MJ's Beauty Academy Inc received financial aid through grants or loans in 2016. This represents a decline of 11.1% with respect to 2015, when 81% of undergraduate students received financial aid.

This chart compares the average award discount at MJ's Beauty Academy Inc (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
12.8%
2014 Default Rate
6
Number of Defaults

In 2014 the default rate for borrower's at MJ's Beauty Academy Inc was 12.8%, which represents 6 out of the 47 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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bookEnrollment

MJ's Beauty Academy Inc had a total enrollment of 66 students in 2016. The full-time enrollment at MJ's Beauty Academy Inc is 66 students and the part-time enrollment is 0. This means that 100% of students enrolled at MJ's Beauty Academy Inc are enrolled full-time.

The enrolled student population at MJ's Beauty Academy Inc, both undergraduate and graduate, is 100% Black or African American.

Students enrolled at MJ's Beauty Academy Inc in full-time Undergraduate programs are most commonly Black or African American Female (98.5%), followed by Black or African American Male (1.52%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at MJ's Beauty Academy Inc in 2016, both undergraduate and graduate, is 66 students. The full-time enrollment at MJ's Beauty Academy Inc is 66 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at MJ's Beauty Academy Inc (in red) compares to similar universities.

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Retention Rate over Time

50%
2016 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at MJ's Beauty Academy Inc was 50%. Compared with the full-time retention rate at similar (77%), MJ's Beauty Academy Inc had a retention rate lower than its peers.

This chart shows the retention rate over time at MJ's Beauty Academy Inc (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Black or African American
Most Common Race or Ethnicity (2016)
66 enrolled students

The enrolled student population at MJ's Beauty Academy Inc is 100% Black or African American. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

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learningGraduates

In 2017, 33 more women than men received degrees from MJ's Beauty Academy Inc. The most common race/ethnicity group of degree recipients at MJ's Beauty Academy Inc is black or african american (38 degrees awarded). There were 38 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at MJ's Beauty Academy Inc is General Cosmetology (29 degrees awarded).

In 2017,  the most specialized majors across all degree types at MJ's Beauty Academy Inc, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (39 degrees awarded).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at MJ's Beauty Academy Inc are Elementary & middle school teachers (2,731,503 people), Other managers (2,146,940 people), Registered nurses (1,770,878 people), Accountants & auditors (1,376,162 people), and Software developers (1,312,199 people).

The most specialized majors at MJ's Beauty Academy Inc in 2017 are Personal & Culinary Services (39 degrees awarded) (as of 2017).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at MJ's Beauty Academy Inc are Surgeons, Podiatrists, Cardiovascular technologists and technicians, Physicians, and Media and communication workers, all other

The most specialized majors at MJ's Beauty Academy Inc are Personal & Culinary Services (39 degrees awarded) (as of 2017).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at MJ's Beauty Academy Inc are Elementary & secondary schools (5,483,119 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,202,014 people), Colleges, universities & professional schools, including junior colleges (2,391,445 people), Computer Systems Design (2,185,689 people), and Construction (1,229,470 people).

The most specialized majors at MJ's Beauty Academy Inc are Personal & Culinary Services (39 degrees awarded) (as of 2017).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by MJ's Beauty Academy Inc.
Most Common (2017)
29 degree-majors awarded

In 2017, the most common 1 to 2 year postsecondary certificate concentration at MJ's Beauty Academy Inc was General Cosmetology with 29 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at MJ's Beauty Academy Inc according to their major.

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Sex Breakdown for Common Majors

3
Degrees Awarded to Men
in 2017
36
Degrees Awarded to Women
in 2017

In 2017, 3 degrees were awarded to men at MJ's Beauty Academy Inc, which is 0.0833 times less than the number of degrees awarded to females (36).

This chart displays the sex disparity between the top 5 majors at MJ's Beauty Academy Inc by degrees awarded.

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Most Common Male Majors

In 2017, 1 degrees were awarded to men at MJ's Beauty Academy Inc in General Cosmetology, which is 0.0357 times less than the 28 female recipients with that same degree.

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Most Common Female Majors

In 2017, 28 degrees were awarded to men at MJ's Beauty Academy Inc in General Cosmetology, which is 28 times more than the 1 male recipients with that same degree.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2017)
  1. Black or African American
    38 degrees awarded
  2. Hispanic or Latino
    1 degrees awarded

The most common race/ethnicity at MJ's Beauty Academy Inc is black or african american (38 degrees awarded). There were 38 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2017)
  1. Black or African American Female
    35 degrees awarded
  2. Black or African American Male
    3 degrees awarded
  3. Hispanic or Latino Female
    1 degrees awarded

The most common race/ethnicity and sex grouping at MJ's Beauty Academy Inc is black or african american female (35 degrees awarded). There were 11.7 times more black or african american female recipients than the next closest race/ethnicity group, black or african american male (3 degrees).

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briefcaseOperations

Salary Expenditure

$394k
2016 Salaries
3.54%
growth from 2015

In 2016, MJ's Beauty Academy Inc paid a median of $394k in salaries, a 3.54% growth from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

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