Networks Barber College

www.networksbarbercollege.com/

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2021 Average Net Price

$21,237

After Financial Aid

2019 Student Loan

3.03%

Default Rate

2021 Enrolled Students

100% Full-Time

About

Networks Barber College is a higher education institution located in Cook County, IL. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Networks Barber College were Barbering (22 degrees awarded) and Cosmetology, Barber, & Nail Instructor (2 degrees).

In 2021, 24 degrees were awarded across all undergraduate and graduate programs at Networks Barber College. 20.8% of these degrees were awarded to women, and 79.2% awarded men. The most common race/ethnicity group of degree recipients was black or african american (21 degrees), 7 times more than then the next closest race/ethnicity group, hispanic or latino (3 degrees).

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $21,237.

In 2021, 56% of undergraduate students attending Networks Barber College received financial aid through grants. Comparatively, 44% of undergraduate students received financial aid through loans.

Average Net Price

$21,237

2021 Value

49.7%

1 Year Growth

In 2021 Networks Barber College had an average net price — the price paid after factoring in grants and loans — of $21,237. Between 2020 and 2021, the average net price of Networks Barber College grew by 49.7%.

This chart compares the average net price of Networks Barber College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Financial Aid by Income Level

56%

Undergraduates Receiving Financial Aid through Grants

44%

Undergraduates Receiving Financial Aid through Loans

56% of undergraduate students at Networks Barber College received financial aid through grants or loans in 2021. This represents a decline of 32.5% with respect to 2020, when 83% of undergraduate students received financial aid.

This chart compares the average award discount at Networks Barber College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

3.03%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Networks Barber College was 3.03%, which represents 1 out of the 33 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Networks Barber College had a total enrollment of 28 students in 2021. The full-time enrollment at Networks Barber College is 28 students and the part-time enrollment is 0. This means that 100% of students enrolled at Networks Barber College are enrolled full-time.

The enrolled student population at Networks Barber College, both undergraduate and graduate, is 82.1% Black or African American and 17.9% Hispanic or Latino.

Students enrolled at Networks Barber College in full-time Undergraduate programs are most commonly Black or African American Male (64.3%), followed by Black or African American Female (17.9%) and Hispanic or Latino Male (17.9%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Networks Barber College in 2021, both undergraduate and graduate, is 28 students. The full-time enrollment at Networks Barber College is 28 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Networks Barber College (in red) compares to similar universities.

Retention Rate over Time

89%

2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Networks Barber College was 89%. Compared with the full-time retention rate at similar (77%), Networks Barber College had a retention rate higher than its peers.

This chart shows the retention rate over time at Networks Barber College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Black or African American
23 enrolled students
Hispanic or Latino
5 enrolled students

The enrolled student population at Networks Barber College is 82.1% Black or African American and 17.9% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

Graduates

In 2021, 14 fewer women than men received degrees from Networks Barber College. The most common race/ethnicity group of degree recipients at Networks Barber College is black or african american (21 degrees awarded). There were 7 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (3 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Networks Barber College is Barbering (22 degrees awarded), followed by Cosmetology, Barber, & Nail Instructor (2 degrees).

In 2021, the most specialized majors across all degree types at Networks Barber College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (24 degrees awarded).

Common Jobs by Major

Chefs & head cooks

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Networks Barber College are Chefs & head cooks (8,549 people), Cooks (3,412 people), Morticians, undertakers, & funeral directors (2,945 people), Food service managers (2,679 people), and Firstline supervisors of food preparation & serving workers (1,125 people).

The most specialized majors at Networks Barber College in 2021 are Personal & Culinary Services (24 degrees awarded) (as of 2021).

Highest Paying Jobs by Major

Chief executives & legislators

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Networks Barber College are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Industrial production managers, Management analysts, and Education administrators

The most specialized majors at Networks Barber College are Personal & Culinary Services (24 degrees awarded) (as of 2021).

Common Industries by Major

Restaurants & Food Services

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Networks Barber College are Restaurants & Food Services (13,061 people), Funeral homes, & cemeteries & crematories (3,181 people), Traveler accommodation (1,866 people), Elementary & secondary schools (1,721 people), and Construction (1,402 people).

The most specialized majors at Networks Barber College are Personal & Culinary Services (24 degrees awarded) (as of 2021).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Networks Barber College.

Most Common (2021)

Barbering
22 degree-majors awarded
Cosmetology, Barber, & Nail Instructor
2 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Networks Barber College was Barbering with 22 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Networks Barber College according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 19 degrees were awarded to men at Networks Barber College, which is 3.8 times more than the number of degrees awarded to females (5).

This chart displays the sex disparity between the top 5 majors at Networks Barber College by degrees awarded.

Most Common Male Majors

In 2021, 17 degrees were awarded to men at Networks Barber College in Barbering, which is 3.4 times more than the 5 female recipients with that same degree.

Most Common Female Majors

In 2021, 5 degrees were awarded to men at Networks Barber College in Barbering, which is 0.294 times less than the 17 male recipients with that same degree.

Time to Complete

100% Completion Time

43%

150% Completion Time

In 2021, 7% of students graduating from Networks Barber College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 43% completed their degrees within 150% of the normal time, and 43% within 200%.

The following chart shows these completion rates over time compared to the average for the Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

Black or African American
21 degrees awarded
Hispanic or Latino
3 degrees awarded

The most common race/ethnicity at Networks Barber College is black or african american (21 degrees awarded). There were 7 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (3 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Black or African American Male
16 degrees awarded
Black or African American Female
5 degrees awarded
Hispanic or Latino Male
3 degrees awarded

The most common race/ethnicity and sex grouping at Networks Barber College is black or african american male (16 degrees awarded). There were 3.2 times more black or african american male recipients than the next closest race/ethnicity group, black or african american female (5 degrees).