Degree Dividend
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Carroll Community College vs Hair Academy: which has better ROI?

Public, Westminster MD · vs · Private for-profit, New Carrollton MD

The verdict

Neither clears its cost on institution-wide earnings, but Carroll Community College comes closer — median earnings $44,349 against a $5,450 total, vs $20,953 at Hair Academy. (Scorecard, 2026 · our math.)

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Head to head
MeasureCarroll Community CollegeHair Academy
Net price / yr$2,725$20,565
Total net cost$5,450$82,260
Median earnings, 10 yrs$44,349$20,953
Median debt$11,750$13,000
Payback
20-year net return-$85,670-$630,400

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

Which is cheaper, Carroll Community College or Hair Academy?

Carroll Community College, at $2,725 a year after aid versus $20,565 — a gap of $17,840 a year, or $76,810 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Carroll Community College or Hair Academy graduates earn more?

Carroll Community College graduates report a median $44,349 ten years after entry, $23,396 more than the $20,953 at Hair Academy. 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, Carroll Community College or Hair Academy?

Carroll Community College: its completers carry a median $11,750 in federal loans versus $13,000 at Hair Academy, a difference of $1,250. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

61% of students finish at Hair Academy, against 39% at Carroll Community College. 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.

Carroll Community College vs Hair Academy: frequently asked questions

Is Carroll Community College or Hair Academy a better value?
Carroll Community College 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, Carroll Community College or Hair Academy?
Carroll Community College: $2,725/yr net price after aid versus $20,565/yr at Hair Academy — a difference of $17,840 a year, or about $76,810 over four years.
Do Carroll Community College or Hair Academy graduates earn more?
Carroll Community College graduates earn a median $44,349 ten years after entry, versus $20,953 at Hair Academy — a $23,396 gap. This blends every major, so a specific field can flip it.