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Carrington College-Portland vs Phagans School of Hair Design: which has better ROI?

Private for-profit, Portland OR · vs · Private for-profit, Happy Valley OR

The verdict

Neither clears its cost on institution-wide earnings, but Carrington College-Portland comes closer — median earnings $36,625 against a $146,380 total, vs $22,912 at Phagans School of Hair Design. (Scorecard, 2026 · our math.)

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Head to head
MeasureCarrington College-PortlandPhagans School of Hair Design
Net price / yr$36,595$16,313
Total net cost$146,380$65,252
Median earnings, 10 yrs$36,625$22,912
Median debt$9,295$8,297
Payback
20-year net return-$381,080-$574,212

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

Which is cheaper, Carrington College-Portland or Phagans School of Hair Design?

Phagans School of Hair Design, at $16,313 a year after aid versus $36,595 — a gap of $20,282 a year, or $81,128 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Carrington College-Portland or Phagans School of Hair Design graduates earn more?

Carrington College-Portland graduates report a median $36,625 ten years after entry, $13,713 more than the $22,912 at Phagans School of Hair Design. 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, Carrington College-Portland or Phagans School of Hair Design?

Phagans School of Hair Design: its completers carry a median $8,297 in federal loans versus $9,295 at Carrington College-Portland, a difference of $998. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

80% of students finish at Phagans School of Hair Design, against 54% at Carrington College-Portland. 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.

Carrington College-Portland vs Phagans School of Hair Design: frequently asked questions

Is Carrington College-Portland or Phagans School of Hair Design a better value?
Carrington College-Portland 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, Carrington College-Portland or Phagans School of Hair Design?
Phagans School of Hair Design: $16,313/yr net price after aid versus $36,595/yr at Carrington College-Portland — a difference of $20,282 a year, or about $81,128 over four years.
Do Carrington College-Portland or Phagans School of Hair Design graduates earn more?
Carrington College-Portland graduates earn a median $36,625 ten years after entry, versus $22,912 at Phagans School of Hair Design — a $13,713 gap. This blends every major, so a specific field can flip it.