Degree Dividend
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Aveda Fredric's Institute-Indianapolis vs Empire Beauty School-Indianapolis: which has better ROI?

Private for-profit, Carmel IN · vs · Private for-profit, Indianapolis IN

The verdict

Neither clears its cost on institution-wide earnings, but Aveda Fredric's Institute-Indianapolis comes closer — median earnings $31,963 against a $96,384 total, vs $24,397 at Empire Beauty School-Indianapolis. (Scorecard, 2026 · our math.)

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Head to head
MeasureAveda Fredric's Institute-IndianapolisEmpire Beauty School-Indianapolis
Net price / yr$24,096$17,213
Total net cost$96,384$68,852
Median earnings, 10 yrs$31,963$24,397
Median debt$7,389$10,667
Payback
20-year net return-$424,324-$548,112

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

Which is cheaper, Aveda Fredric's Institute-Indianapolis or Empire Beauty School-Indianapolis?

Empire Beauty School-Indianapolis, at $17,213 a year after aid versus $24,096 — a gap of $6,883 a year, or $27,532 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 Fredric's Institute-Indianapolis or Empire Beauty School-Indianapolis graduates earn more?

Aveda Fredric's Institute-Indianapolis graduates report a median $31,963 ten years after entry, $7,566 more than the $24,397 at Empire Beauty School-Indianapolis. 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 Fredric's Institute-Indianapolis or Empire Beauty School-Indianapolis?

Aveda Fredric's Institute-Indianapolis: its completers carry a median $7,389 in federal loans versus $10,667 at Empire Beauty School-Indianapolis, a difference of $3,278. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Aveda Fredric's Institute-Indianapolis vs Empire Beauty School-Indianapolis: frequently asked questions

Is Aveda Fredric's Institute-Indianapolis or Empire Beauty School-Indianapolis a better value?
Aveda Fredric's Institute-Indianapolis 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 Fredric's Institute-Indianapolis or Empire Beauty School-Indianapolis?
Empire Beauty School-Indianapolis: $17,213/yr net price after aid versus $24,096/yr at Aveda Fredric's Institute-Indianapolis — a difference of $6,883 a year, or about $27,532 over four years.
Do Aveda Fredric's Institute-Indianapolis or Empire Beauty School-Indianapolis graduates earn more?
Aveda Fredric's Institute-Indianapolis graduates earn a median $31,963 ten years after entry, versus $24,397 at Empire Beauty School-Indianapolis — a $7,566 gap. This blends every major, so a specific field can flip it.