Grace College and Theological Seminary vs Empire Beauty School-Indianapolis: which has better ROI?
Neither clears its cost on institution-wide earnings, but Grace College and Theological Seminary comes closer — median earnings $45,411 against a $79,728 total, vs $24,397 at Empire Beauty School-Indianapolis. (Scorecard, 2026 · our math.)
| Measure | Grace College and Theological Seminary | Empire Beauty School-Indianapolis |
|---|---|---|
| Net price / yr | $19,932 | $17,213 |
| Total net cost | $79,728 | $68,852 |
| Median earnings, 10 yrs | $45,411 | $24,397 |
| Median debt | $19,500 | $10,667 |
| Payback | — | — |
| 20-year net return | -$138,708 | -$548,112 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
Which is cheaper, Grace College and Theological Seminary or Empire Beauty School-Indianapolis?
Empire Beauty School-Indianapolis, at $17,213 a year after aid versus $19,932 — a gap of $2,719 a year, or $10,876 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
Do Grace College and Theological Seminary or Empire Beauty School-Indianapolis graduates earn more?
Grace College and Theological Seminary graduates report a median $45,411 ten years after entry, $21,014 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, Grace College and Theological Seminary or Empire Beauty School-Indianapolis?
Empire Beauty School-Indianapolis: its completers carry a median $10,667 in federal loans versus $19,500 at Grace College and Theological Seminary, a difference of $8,833. The figure counts students who finished; it excludes private loans and anyone who left before graduating.