How much debt do students typically owe?

The median student debt at completion is reported at $9,500.

How many students are enrolled?

There are 39 students enrolled at this location.

Is financial aid available?

100% of students received Pell Grants, indicating financial aid is available.

Home › Illinois › Cosmetology schools › Phipps Academy of Barbering

Phipps Academy of Barbering

Richton Park, Illinois · private for-profit · mainly awards certificates · 39 students · CosmetologyBarbering

Avg net price / yr

$17,509

cheaper than 38% of comparable schools

Completion rate

58.8%

Median debt at completion

$9,500

Median earnings (10 yrs after entry)

not reported

About

Phipps Academy of Barbering is a private for-profit school in Richton Park, IL that awards certificates in cosmetology and related personal grooming services. The school serves a small cohort of 39 students who rely entirely on Pell Grants for financial aid. Reported data comes from the U.S. Department of Education College Scorecard.

What to know

The average annual net price after aid is $17,509, which is higher than the median student debt of $9,500 reported for those who complete the program. While the completion rate is reported at 58.8%, earnings ten years after entry are not reported in the available data. You should weigh the high annual cost against the lack of long-term salary information before enrolling.

Net price is 19% above the Illinois median ($14,685) for schools offering these programs.

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Programs & what graduates earn

Program	Credential	Median earnings 2 yrs after completion
Cosmetology and Related Personal Grooming Services	undergraduate certificate	not reported

Get paid while you train instead

Registered apprenticeships are an alternative to paying for school — sponsors pay wages from day one. In Illinois:

1 registered cosmetology apprenticeship program

Questions students ask

Is this school public or private?: Phipps Academy of Barbering is a private for-profit school.
How much debt do students typically owe?: The median student debt at completion is reported at $9,500.
What is the school's completion rate?: The completion rate is reported at 58.8%.
How many students are enrolled?: There are 39 students enrolled at this location.
Is financial aid available?: 100% of students received Pell Grants, indicating financial aid is available.

Other options in Illinois

School	City	Net price / yr	Completion	Earnings (10 yr)
Paul Mitchell the School-Tinley Park	Tinley Park	$22,862	60.9%	$28,378
Cameo Beauty Academy	Oak Lawn	$12,924	42.5%	$24,513
Cannella School of Hair Design-Villa Park	Villa Park	$8,354	76.7%	$26,970
Cannella School of Hair Design-Chicago	Chicago	$12,419	53.3%	$29,075
Capri Beauty College	Oak Forest	$9,678	not reported	$26,804
Carl Sandburg College	Galesburg	$3,662	51.5%	$35,274

Data: U.S. Department of Education College Scorecard (most recent release, pulled July 2026), school ID 488396. Figures are federally reported medians and may lag current prices. "Not reported" means the federal dataset suppresses or lacks the value — often due to small cohort sizes. How we compute comparisons. This site is independent and not affiliated with any government agency or school.