Is Phipps Academy of Barbering worth it?
Phipps Academy of Barbering is a private for-profit, less-than-two-year institution in Richton Park, Illinois (large suburb). It awarded 65 certificates in 2024, most often in barbering; and cosmetology, barber nail instructor.
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Federal data
Federal context for Phipps Academy of Barbering
Published by the federal government for federally aided students. It does not say which employers hire graduates.
Median earnings 1 year after
$12,440
Median earnings 4 years after
$17,650
Average net price
$17,509
Completion rate
76%
Completions (2024)
65
Years to pay back
4.0 years
Students (undergrad)
39
Median earnings after completing, by program
| Program | Credential | Median earnings, 1yr | Median earnings, 4yr | Graduates counted |
|---|---|---|---|---|
| Cosmetology and Related Personal Grooming Services | Undergraduate certificate | $11,369 | $15,313 | 27 |
Source: College Scorecard, June 2026 release, and IPEDS. Earnings cover federally aided students only, so they do not cover every graduate.
Awards conferred, by program
| Program | Award level | Awards |
|---|---|---|
| Barbering/Barber | Certificate 1-2 yrs | 65 |
| Cosmetology, Barber/Styling, and Nail Instructor | Certificate 1-2 yrs | 0 |
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Sources: federal figures for Phipps Academy of Barbering. Federal figures from College Scorecard and IPEDS. Occupation pay from Bureau of Labor Statistics OEWS for Illinois. Counts under 10 are not published.
Updated September 18, 2026 · Methodology · Report a problem with this page