Degree Dividend
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Indiana Institute of Technology vs Empire Beauty School-Indianapolis: which has better ROI?

Private nonprofit, Fort Wayne IN · vs · Private for-profit, Indianapolis IN

The verdict

Neither clears its cost on institution-wide earnings, but Indiana Institute of Technology comes closer — median earnings $47,327 against a $92,824 total, vs $24,397 at Empire Beauty School-Indianapolis. (Scorecard, 2026 · our math.)

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Head to head
MeasureIndiana Institute of TechnologyEmpire Beauty School-Indianapolis
Net price / yr$23,206$17,213
Total net cost$92,824$68,852
Median earnings, 10 yrs$47,327$24,397
Median debt$26,391$10,667
Payback
20-year net return-$113,484-$548,112

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

Which is cheaper, Indiana Institute of Technology or Empire Beauty School-Indianapolis?

Empire Beauty School-Indianapolis, at $17,213 a year after aid versus $23,206 — a gap of $5,993 a year, or $23,972 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.

Do Indiana Institute of Technology or Empire Beauty School-Indianapolis graduates earn more?

Indiana Institute of Technology graduates report a median $47,327 ten years after entry, $22,930 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, Indiana Institute of Technology or Empire Beauty School-Indianapolis?

Empire Beauty School-Indianapolis: its completers carry a median $10,667 in federal loans versus $26,391 at Indiana Institute of Technology, a difference of $15,724. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Indiana Institute of Technology vs Empire Beauty School-Indianapolis: frequently asked questions

Is Indiana Institute of Technology or Empire Beauty School-Indianapolis a better value?
Indiana Institute of Technology 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, Indiana Institute of Technology or Empire Beauty School-Indianapolis?
Empire Beauty School-Indianapolis: $17,213/yr net price after aid versus $23,206/yr at Indiana Institute of Technology — a difference of $5,993 a year, or about $23,972 over four years.
Do Indiana Institute of Technology or Empire Beauty School-Indianapolis graduates earn more?
Indiana Institute of Technology graduates earn a median $47,327 ten years after entry, versus $24,397 at Empire Beauty School-Indianapolis — a $22,930 gap. This blends every major, so a specific field can flip it.