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Aveda Arts & Sciences Institute Minneapolis vs Nova Academy of Cosmetology: which has better ROI?

Private for-profit, Minneapolis MN · vs · Private for-profit, Rochester MN

The verdict

Neither clears its cost on institution-wide earnings, but Aveda Arts & Sciences Institute Minneapolis comes closer — median earnings $34,659 against a $73,380 total, vs $32,156 at Nova Academy of Cosmetology. (Scorecard, 2026 · our math.)

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Head to head
MeasureAveda Arts & Sciences Institute MinneapolisNova Academy of Cosmetology
Net price / yr$18,345$21,473
Total net cost$73,380$85,892
Median earnings, 10 yrs$34,659$32,156
Median debt$6,333$9,424
Payback
20-year net return-$347,400-$409,972

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

Which is cheaper, Aveda Arts & Sciences Institute Minneapolis or Nova Academy of Cosmetology?

Aveda Arts & Sciences Institute Minneapolis, at $18,345 a year after aid versus $21,473 — a gap of $3,128 a year, or $12,512 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Aveda Arts & Sciences Institute Minneapolis or Nova Academy of Cosmetology graduates earn more?

Aveda Arts & Sciences Institute Minneapolis graduates report a median $34,659 ten years after entry, $2,503 more than the $32,156 at Nova Academy of Cosmetology. Both are institution-wide medians from federal tax records, so a high-paying major at the lower school can beat the average at the higher one.

Which leaves students with less debt, Aveda Arts & Sciences Institute Minneapolis or Nova Academy of Cosmetology?

Aveda Arts & Sciences Institute Minneapolis: its completers carry a median $6,333 in federal loans versus $9,424 at Nova Academy of Cosmetology, a difference of $3,091. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

77% of students finish at Nova Academy of Cosmetology, against 68% at Aveda Arts & Sciences Institute Minneapolis. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.

Aveda Arts & Sciences Institute Minneapolis vs Nova Academy of Cosmetology: frequently asked questions

Is Aveda Arts & Sciences Institute Minneapolis or Nova Academy of Cosmetology a better value?
Aveda Arts & Sciences Institute Minneapolis comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, Aveda Arts & Sciences Institute Minneapolis or Nova Academy of Cosmetology?
Aveda Arts & Sciences Institute Minneapolis: $18,345/yr net price after aid versus $21,473/yr at Nova Academy of Cosmetology — a difference of $3,128 a year, or about $12,512 over four years.
Do Aveda Arts & Sciences Institute Minneapolis or Nova Academy of Cosmetology graduates earn more?
Aveda Arts & Sciences Institute Minneapolis graduates earn a median $34,659 ten years after entry, versus $32,156 at Nova Academy of Cosmetology — a $2,503 gap. This blends every major, so a specific field can flip it.