Larry's Barber College (495387)

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2022 Average Net Price
$19,108
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Enrolled Students
52
55.8% Full-Time

About

Larry's Barber College (495387) is a higher education institution located in Cook County, IL. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Larry's Barber College (495387) were Barbering (20 degrees awarded).

In 2022, 20 degrees were awarded across all undergraduate and graduate programs at Larry's Barber College (495387). 20% of these degrees were awarded to women, and 80% awarded men. The most common race/ethnicity group of degree recipients was black or african american (19 degrees), 19 times more than then the next closest race/ethnicity group, hispanic or latino (1 degrees).

In 2020 the default rate for borrower's at Larry's Barber College (495387) was 0%, corresponding to 0 out of the 56 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $19,108.

In 2022, 81% of undergraduate students attending Larry's Barber College (495387) received financial aid through grants. Comparatively, 71% of undergraduate students received financial aid through loans.

Average Net Price

$19,108
2022 Value
35.9%
1 Year Growth

In 2022 Larry's Barber College (495387) had an average net price — the price paid after factoring in grants and loans — of $19,108. Between 2021 and 2022, the average net price of Larry's Barber College (495387) grew by 35.9%.

This chart compares the average net price of Larry's Barber College (495387) (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.

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Financial Aid by Income Level

81%
Undergraduates Receiving Financial Aid through Grants
71%
Undergraduates Receiving Financial Aid through Loans

81% of undergraduate students at Larry's Barber College (495387) received financial aid through grants or loans in 2022. This represents a growth of 32.8% with respect to 2021, when 61% of undergraduate students received financial aid.

This chart compares the average award discount at Larry's Barber College (495387) (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.

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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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Larry's Barber College (495387) was 0%, which represents 0 out of the 56 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.

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Enrollment

Larry's Barber College (495387) had a total enrollment of 52 students in 2022. The full-time enrollment at Larry's Barber College (495387) is 29 students and the part-time enrollment is 23. This means that 55.8% of students enrolled at Larry's Barber College (495387) are enrolled full-time.

The enrolled student population at Larry's Barber College (495387), both undergraduate and graduate, is 88.5% Black or African American and 9.62% Hispanic or Latino.

Students enrolled at Larry's Barber College (495387) in full-time Undergraduate programs are most commonly Black or African American Male (72.4%), followed by Black or African American Female (27.6%).

Full-Time vs Part-Time Enrollment

55.8%
Full-Time Enrollment

The total enrollment at Larry's Barber College (495387) in 2022, both undergraduate and graduate, is 52 students. The full-time enrollment at Larry's Barber College (495387) is 29 and the part-time enrollment is 23.

This chart shows the full-time vs part-time enrollment status at Larry's Barber College (495387) (in red) compares to similar universities.

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Retention Rate over Time

100%
2022 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 Larry's Barber College (495387) was 100%.

This chart shows the retention rate over time at Larry's Barber College (495387) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Black or African American
    46 enrolled students
  2. Hispanic or Latino
    5 enrolled students

The enrolled student population at Larry's Barber College (495387) is 88.5% Black or African American and 9.62% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 12 fewer women than men received degrees from Larry's Barber College (495387). The most common race/ethnicity group of degree recipients at Larry's Barber College (495387) is black or african american (19 degrees awarded). There were 19 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Larry's Barber College (495387) is Barbering (20 degrees awarded).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Larry's Barber College (495387).
Most Common (2022)
20 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Larry's Barber College (495387) was Barbering with 20 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Larry's Barber College (495387) according to their major.

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Sex Breakdown for Common Majors

16
Degrees Awarded to Men
in 2022
4
Degrees Awarded to Women
in 2022

In 2022, 16 degrees were awarded to men at Larry's Barber College (495387), which is 4 times more than the number of degrees awarded to females (4).

This chart displays the sex disparity between the top 5 majors at Larry's Barber College (495387) by degrees awarded.

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Most Common Male Majors

In 2022, 16 degrees were awarded to men at Larry's Barber College (495387) in Barbering, which is 4 times more than the 4 female recipients with that same degree.

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Most Common Female Majors

In 2022, 4 degrees were awarded to men at Larry's Barber College (495387) in Barbering, which is 0.25 times less than the 16 male recipients with that same degree.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. Black or African American
    19 degrees awarded
  2. Hispanic or Latino
    1 degrees awarded

The most common race/ethnicity at Larry's Barber College (495387) is black or african american (19 degrees awarded). There were 19 times more black or african american recipients than the next closest race/ethnicity group, hispanic or latino (1 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Black or African American Male
    15 degrees awarded
  2. Black or African American Female
    4 degrees awarded
  3. Hispanic or Latino Male
    1 degrees awarded

The most common race/ethnicity and sex grouping at Larry's Barber College (495387) is black or african american male (15 degrees awarded). There were 3.75 times more black or african american male recipients than the next closest race/ethnicity group, black or african american female (4 degrees).

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Operations

Salary Expenditure

$37.8k
2022 Salaries
8.69%
growth from 2021

In 2022, Larry's Barber College (495387) paid a median of $37.8k in salaries, a 8.69% growth from the previous year. This is compared to a 30.5% decline between 2020 and 2021.

The median for similar is 668k (13.2% of overall expenditures).

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