Phagans School of Hair Design — ROI, Cost & Payback
Phagans School of Hair Design charges a net price of $16,313/yr after aid — a 4-year total of $65,252. Median earnings ten years after entry are $22,912, 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, Phagans School of Hair Design does not clear its cost — it ranks #38 of 38 Oregon colleges we track by ROI. The specific program you pick moves this more than the school average.
| Measure | Value | Source |
|---|---|---|
| Net price (after aid) | $16,313/yr | Scorecard, 2026 |
| Total net cost (4 yrs) | $65,252 | our math |
| Median earnings, 10 yrs after entry | $22,912 | Scorecard, 2026 |
| Earnings premium over HS baseline | -$25,448/yr | our math |
| Median debt (completers) | $8,297 | Scorecard, 2026 |
| Payback | does not clear | our math |
| 20-year net return | -$574,212 | our math |
College Scorecard (2026 release), institution-level · payback and returns are our math.
The arithmetic, on Phagans School of Hair Design's own numbers. Net price $16,313 × 4 years = $65,252 total. Median earnings $22,912 fall $25,448 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 $65,252 bill in about 6.5 years — the gap, not the price, is what blocks payback. Full method.
How much debt do Phagans School of Hair Design students graduate with?
A median $8,297 in federal loans among completers, or 36% of the $22,912 its graduates earn ten years out — our math. The figure excludes private loans and students who left before finishing.
What share of Phagans School of Hair Design students graduate?
80% finish their degree. Spread the $65,252 bill across that completion rate and the cohort pays $81,565 per graduate produced — our math, and the figure a payback number never shows.
Is Phagans School of Hair Design expensive compared with other Oregon colleges?
Its $16,313 net price runs $627 below the $16,940 median across the 38 Oregon colleges we profile, and $2,508 less across the full degree.