Carrington College-Reno vs Milan Institute of Cosmetology-Reno: which has better ROI?
Neither clears its cost on institution-wide earnings, but Carrington College-Reno comes closer — median earnings $43,731 against a $103,646 total, vs $22,378 at Milan Institute of Cosmetology-Reno. (Scorecard, 2026 · our math.)
| Measure | Carrington College-Reno | Milan Institute of Cosmetology-Reno |
|---|---|---|
| Net price / yr | $51,823 | $20,771 |
| Total net cost | $103,646 | $83,084 |
| Median earnings, 10 yrs | $43,731 | $22,378 |
| Median debt | $15,188 | $6,333 |
| Payback | — | — |
| 20-year net return | -$196,226 | -$602,724 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Carrington College-Reno or Milan Institute of Cosmetology-Reno?
Milan Institute of Cosmetology-Reno, at $20,771 a year after aid versus $51,823 — a gap of $31,052 a year, or $20,562 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-Reno or Milan Institute of Cosmetology-Reno graduates earn more?
Carrington College-Reno graduates report a median $43,731 ten years after entry, $21,353 more than the $22,378 at Milan Institute of Cosmetology-Reno. 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-Reno or Milan Institute of Cosmetology-Reno?
Milan Institute of Cosmetology-Reno: its completers carry a median $6,333 in federal loans versus $15,188 at Carrington College-Reno, a difference of $8,855. The figure counts students who finished; it excludes private loans and anyone who left before graduating.
Which graduates more of its students?
73% of students finish at Milan Institute of Cosmetology-Reno, against 42% at Carrington College-Reno. 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.