Milan Institute of Cosmetology-Reno — ROI, Cost & Payback
Milan Institute of Cosmetology-Reno charges a net price of $20,771/yr after aid — a 4-year total of $83,084. Median earnings ten years after entry are $22,378, below the $48,360 high-school baseline, so on this institution-wide metric the degree does not clear its cost. Program choice is what changes that. (Scorecard, 2026 · our math.)
On institution-wide earnings, Milan Institute of Cosmetology-Reno does not clear its cost — it ranks #22 of 22 Nevada colleges we track by ROI. The specific program you pick moves this more than the school average.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $20,771/yr | Scorecard, 2026 |
| Total net cost (4 yrs) | $83,084 | our math |
| Median earnings, 10 yrs after entry | $22,378 | Scorecard, 2026 |
| Earnings premium over HS baseline | -$25,982/yr | our math |
| Median debt (completers) | $6,333 | Scorecard, 2026 |
| Payback | does not clear | our math |
| 20-year net return | -$602,724 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on Milan Institute of Cosmetology-Reno's own numbers. Net price $20,771 × 4 years = $83,084 total. Median earnings $22,378 fall $25,982 short of the $48,360 high-school baseline, so the premium this formula divides by is not positive and no break-even year exists on institution-wide pay. A programme here earning $58,360 would clear the $83,084 bill in about 8.3 years — the gap, not the price, is what blocks payback. Full method.
How much debt do Milan Institute of Cosmetology-Reno students graduate with?
A median $6,333 in federal loans among completers, or 28% of the $22,378 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of Milan Institute of Cosmetology-Reno students graduate?
73% finish their degree. Spread the $83,084 bill across that completion rate and the cohort pays $113,814 per graduate produced — our math, and the figure a payback number never shows.
Is Milan Institute of Cosmetology-Reno expensive compared with other Nevada colleges?
Its $20,771 net price runs $1,120 below the $21,891 median across the 22 Nevada colleges we profile, and $4,478 less across the full degree.