Degree Dividend
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Calumet College of Saint Joseph vs Empire Beauty School-Indianapolis: which has better ROI?

Private nonprofit, Whiting IN · vs · Private for-profit, Indianapolis IN

The verdict

Neither clears its cost on institution-wide earnings, but Calumet College of Saint Joseph comes closer — median earnings $46,945 against a $89,804 total, vs $24,397 at Empire Beauty School-Indianapolis. (Scorecard, 2026 · our math.)

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Head to head
MeasureCalumet College of Saint JosephEmpire Beauty School-Indianapolis
Net price / yr$22,451$17,213
Total net cost$89,804$68,852
Median earnings, 10 yrs$46,945$24,397
Median debt$21,534$10,667
Payback
20-year net return-$118,104-$548,112

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

Which is cheaper, Calumet College of Saint Joseph or Empire Beauty School-Indianapolis?

Empire Beauty School-Indianapolis, at $17,213 a year after aid versus $22,451 — a gap of $5,238 a year, or $20,952 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Calumet College of Saint Joseph or Empire Beauty School-Indianapolis graduates earn more?

Calumet College of Saint Joseph graduates report a median $46,945 ten years after entry, $22,548 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, Calumet College of Saint Joseph or Empire Beauty School-Indianapolis?

Empire Beauty School-Indianapolis: its completers carry a median $10,667 in federal loans versus $21,534 at Calumet College of Saint Joseph, a difference of $10,867. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Calumet College of Saint Joseph vs Empire Beauty School-Indianapolis: frequently asked questions

Is Calumet College of Saint Joseph or Empire Beauty School-Indianapolis a better value?
Calumet College of Saint Joseph 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, Calumet College of Saint Joseph or Empire Beauty School-Indianapolis?
Empire Beauty School-Indianapolis: $17,213/yr net price after aid versus $22,451/yr at Calumet College of Saint Joseph — a difference of $5,238 a year, or about $20,952 over four years.
Do Calumet College of Saint Joseph or Empire Beauty School-Indianapolis graduates earn more?
Calumet College of Saint Joseph graduates earn a median $46,945 ten years after entry, versus $24,397 at Empire Beauty School-Indianapolis — a $22,548 gap. This blends every major, so a specific field can flip it.