M J Murphy Beauty College of Mount Pleasant

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2023 Average Net Price
$10,998
After Financial Aid
2020 Default Rate
3.08%
on Student Loans
2023 Enrolled Students
35
45.7% Full-Time

About

M J Murphy Beauty College of Mount Pleasant is a higher education institution located in Isabella County, MI. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at M J Murphy Beauty College of Mount Pleasant were General Cosmetology (11 degrees awarded).

In 2020 the default rate for borrower's at M J Murphy Beauty College of Mount Pleasant was 3.08%, corresponding to 2 out of the 65 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $10,998.

In 2023, 57% of undergraduate students attending M J Murphy Beauty College of Mount Pleasant received financial aid through grants. Comparatively, 57% of undergraduate students received financial aid through loans.

Average Net Price

$10,998
2023 Value
2.49%
1 Year Growth

In 2023 M J Murphy Beauty College of Mount Pleasant had an average net price — the price paid after factoring in grants and loans — of $10,998. Between 2022 and 2023, the average net price of M J Murphy Beauty College of Mount Pleasant grew by 2.49%.

This chart compares the average net price of M J Murphy Beauty College of Mount Pleasant (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

57%
Undergraduates Receiving Financial Aid through Grants
57%
Undergraduates Receiving Financial Aid through Loans

57% of undergraduate students at M J Murphy Beauty College of Mount Pleasant received financial aid through grants or loans in 2023. This represents a decline of 39.4% with respect to 2022, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at M J Murphy Beauty College of Mount Pleasant (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.
3.08%
2020 Default Rate
2
Number of Defaults

In 2020 the default rate for borrower's at M J Murphy Beauty College of Mount Pleasant was 3.08%, which represents 2 out of the 65 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

M J Murphy Beauty College of Mount Pleasant had a total enrollment of 35 students in 2023. The full-time enrollment at M J Murphy Beauty College of Mount Pleasant is 16 students and the part-time enrollment is 19. This means that 45.7% of students enrolled at M J Murphy Beauty College of Mount Pleasant are enrolled full-time.

The enrolled student population at M J Murphy Beauty College of Mount Pleasant, both undergraduate and graduate, is 85.7% White, 5.71% American Indian or Alaska Native, 5.71% Black or African American, and 2.86% Hispanic or Latino.

Students enrolled at M J Murphy Beauty College of Mount Pleasant in full-time Undergraduate programs are most commonly White Female (79.5%), followed by Black or African American Female (10.3%) and White Male (5.13%).

Full-Time vs Part-Time Enrollment

45.7%
Full-Time Enrollment

The total enrollment at M J Murphy Beauty College of Mount Pleasant in 2023, both undergraduate and graduate, is 35 students. The full-time enrollment at M J Murphy Beauty College of Mount Pleasant is 16 and the part-time enrollment is 19.

This chart shows the full-time vs part-time enrollment status at M J Murphy Beauty College of Mount Pleasant (in red) compares to similar universities.

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Retention Rate over Time

91%
2023 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 M J Murphy Beauty College of Mount Pleasant was 91%.

This chart shows the retention rate over time at M J Murphy Beauty College of Mount Pleasant (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    30 enrolled students
  2. American Indian or Alaska Native
    2 enrolled students
  3. Black or African American
    2 enrolled students

The enrolled student population at M J Murphy Beauty College of Mount Pleasant is 85.7% White, 5.71% American Indian or Alaska Native, 5.71% Black or African American, and 2.86% Hispanic or Latino. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In N/A, N/A N/A women than men received degrees from M J Murphy Beauty College of Mount Pleasant. The most common race/ethnicity group of degree recipients at M J Murphy Beauty College of Mount Pleasant is white (20 degrees awarded). There were 10 times more white recipients than the next closest race/ethnicity group, black or african american (2 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at M J Murphy Beauty College of Mount Pleasant is General Cosmetology (11 degrees awarded).

In 2023,  the most specialized majors across all degree types at M J Murphy Beauty College of Mount Pleasant, 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

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at M J Murphy Beauty College of Mount Pleasant are Chefs & head cooks (7,906 people), Cooks (2,655 people), Morticians, undertakers, & funeral directors (2,587 people), Food service managers (2,017 people), and Customer service representatives (1,079 people).

The most specialized majors at M J Murphy Beauty College of Mount Pleasant in 2023 are Personal & Culinary Services (24 degrees awarded) (as of 2023).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at M J Murphy Beauty College of Mount Pleasant are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at M J Murphy Beauty College of Mount Pleasant are Personal & Culinary Services (24 degrees awarded) (as of 2023).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at M J Murphy Beauty College of Mount Pleasant are Restaurants & Food Services (12,244 people), Funeral homes, & cemeteries & crematories (3,016 people), Traveler accommodation (1,919 people), Elementary & secondary schools (1,775 people), and Construction (1,430 people).

The most specialized majors at M J Murphy Beauty College of Mount Pleasant are Personal & Culinary Services (24 degrees awarded) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by M J Murphy Beauty College of Mount Pleasant.
Most Common (2023)
  1. 11 degrees awarded
  2. 2 degrees awarded

In 2023, the most common N/A concentration at M J Murphy Beauty College of Mount Pleasant was Nail Specialist & Manicurist with 11 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from N/A programs at M J Murphy Beauty College of Mount Pleasant according to their major.

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Time to Complete

87%
100% Completion Time
93%
150% Completion Time

In 2023, 87% of students graduating from M J Murphy Beauty College of Mount Pleasant completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 93% completed their degrees within 150% of the normal time, and 93% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    20 degrees awarded
  2. Black or African American
    2 degrees awarded
  3. American Indian or Alaska Native
    1 degrees awarded

The most common race/ethnicity at M J Murphy Beauty College of Mount Pleasant is white (20 degrees awarded). There were 10 times more white recipients than the next closest race/ethnicity group, black or african american (2 degrees).

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

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    20 degrees awarded
  2. Black or African American Female
    2 degrees awarded
  3. American Indian or Alaska Native Female
    1 degrees awarded

The most common race/ethnicity and sex grouping at M J Murphy Beauty College of Mount Pleasant is white female (20 degrees awarded). There were 10 times more white female recipients than the next closest race/ethnicity group, black or african american female (2 degrees).

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Operations

Salary Expenditure

$96k
2023 Salaries
102%
growth from 2022

In 2023, M J Murphy Beauty College of Mount Pleasant paid a median of $96k in salaries, a 102% growth from the previous year. This is compared to a 26% decline between 2021 and 2022, and a 46.5% decline between 2020 and 2021.

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

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