Undergraduate certificate · South Bend, Indiana

Is Cosmetology and Related Personal Grooming Services at Lil Lou's Beauty and Barber College - South Bend worth it?

Medium confidence Medium confidence: 40–99 graduates behind the earnings figures.

The verdict · all families, in-state, half paid with loans

Graduates typically don't earn back the cost within 20 years, compared with the no-degree baseline.

Earnings 1 year after graduating: $17,898; Treasury AY2020-21, AY2021-22 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Earnings 4 years after graduating: $18,110; Treasury AY2017-2018, AY2018-2019 pooled earnings cohort measured in CY2022, CY2023, inflation adjusted to 2024 dollars
Typical federal debt at graduation: $13,310; NSLDS pooled AY2022-23, AY2023-24 cohort
Net cost to graduate, all families: $24k (likely $24k – $33k); AcadYr 2024-25, reported in IPEDS DCY2025-26
Earnings bump, year 4: −$21k a year vs high-school graduates aged 25–34 in IN; 2023 ACS 5-year pooled, adjusted to 2024 dollars
Payback: Not within 20 years in most scenarios; Bump vs net cost plus loan interest
10-year net return: −$283k (likely −$313k – −$254k); Today's dollars
20-year net return: −$511k (likely −$563k – −$453k); Today's dollars