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Central Lakes College-Brainerd vs Nova Academy of Cosmetology: which has better ROI?

Public, Brainerd MN · vs · Private for-profit, Rochester MN

The verdict

Neither clears its cost on institution-wide earnings, but Central Lakes College-Brainerd comes closer — median earnings $42,162 against a $27,738 total, vs $32,156 at Nova Academy of Cosmetology. (Scorecard, 2026 · our math.)

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Head to head
MeasureCentral Lakes College-BrainerdNova Academy of Cosmetology
Net price / yr$13,869$21,473
Total net cost$27,738$85,892
Median earnings, 10 yrs$42,162$32,156
Median debt$11,000$9,424
Payback
20-year net return-$151,698-$409,972

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

Which is cheaper, Central Lakes College-Brainerd or Nova Academy of Cosmetology?

Central Lakes College-Brainerd, at $13,869 a year after aid versus $21,473 — a gap of $7,604 a year, or $58,154 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Central Lakes College-Brainerd or Nova Academy of Cosmetology graduates earn more?

Central Lakes College-Brainerd graduates report a median $42,162 ten years after entry, $10,006 more than the $32,156 at Nova Academy of Cosmetology. 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, Central Lakes College-Brainerd or Nova Academy of Cosmetology?

Nova Academy of Cosmetology: its completers carry a median $9,424 in federal loans versus $11,000 at Central Lakes College-Brainerd, a difference of $1,576. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Which graduates more of its students?

77% of students finish at Nova Academy of Cosmetology, against 53% at Central Lakes College-Brainerd. 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.

Central Lakes College-Brainerd vs Nova Academy of Cosmetology: frequently asked questions

Is Central Lakes College-Brainerd or Nova Academy of Cosmetology a better value?
Central Lakes College-Brainerd 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, Central Lakes College-Brainerd or Nova Academy of Cosmetology?
Central Lakes College-Brainerd: $13,869/yr net price after aid versus $21,473/yr at Nova Academy of Cosmetology — a difference of $7,604 a year, or about $58,154 over four years.
Do Central Lakes College-Brainerd or Nova Academy of Cosmetology graduates earn more?
Central Lakes College-Brainerd graduates earn a median $42,162 ten years after entry, versus $32,156 at Nova Academy of Cosmetology — a $10,006 gap. This blends every major, so a specific field can flip it.