Private for-profit · COLLEGE PAYOFF

SPBK Enterprises Inc

Webb City, MO · 2 reportable field-and-credential outcomes

MODELED SCENARIO · Negative payoff

−$446,122 over 10 years

Modeled from observed year-5 institution earnings and the institution-wide average net price over four years.

At these assumptions, the estimated earnings premium does not recover the modeled economic investment within ten years.

Modeled economic break-even
−188%Modeled 10-year ROI
$24,059Observed earnings · year 5
Economic ROI includes direct price and earnings forgone during study · $45,000 comparison earnings · values held flat · see the formula
ECONOMIC INVESTMENT → PAYBACK

Estimated payoff over ten years.

The scenario counts direct price and earnings forgone upfront, then applies the reported annual earnings premium.

10-YEAR PAYOFF CURVECumulative economic payoff after graduation
−$446,122at year 10
Net gainInvestment not yet recovered
NET GAIN$0UNRECOVERED
−$236,7120
2
4
6
8
−$446,12210
Years after graduationBreak-even: years
FEDERAL COST DATA

Four ways to read college price.

Annual college-wide figures from the current College Scorecard release. Average net price covers full-time, first-time undergraduates receiving federal aid; public-college figures use in-state students. Program tuition and individual aid offers may differ.

Published in-state tuitionNot available
Sticker price
Published out-of-state tuitionNot available
Sticker price
Average net price$14,178
Title IV student average
Cost of attendance$19,588
Tuition + living budget
PRICE SOURCECollege reported · annual amount · federal dataset
OBSERVED FEDERAL MEASURES

Cost, completion and earnings context

$14,178Average net price / year
$19,588Cost of attendance
$24,059Median earnings · year 5 after completion
71.4%Completion rate
Not availableAdmission rate
96Student size
NATIONAL CONTEXT

How this college compares

Percentiles compare this institution with currently operating colleges that report the same federal measure.

13thEarnings percentile
70thCompletion percentile
EARNINGS PATH

Reported earnings over time

$18,718Year 1
$28,020Year 4
$24,059Year 5

Separate federal cohorts may underlie different measurement years.

PROGRAM PAYOFF SPREAD

The college average is not the whole story.

Observed earnings vary substantially by field and credential at the same institution.

1Somatic Bodywork and Related Therapeutic Services · Undergraduate Certificate or Diploma$28,9542Cosmetology and Related Personal Grooming Services · Undergraduate Certificate or Diploma$22,475

Observed year-4 earnings · compare like fields and credentials before deciding

BUILD A REAL SHORTLIST

Comparable colleges in MO

Currently operating private for-profit institutions with the closest combination of annual net price and observed year-5 earnings. Similarity is descriptive—not a quality ranking.

Jefferson City, MO

Missouri College of Cosmetology and Esthetics

Annual net price
$14,982
Observed earnings · year 5
$23,695
Modeled 10-year ROI
-189%
Open college profile →
Columbia, MO

Paul Mitchell the School-Missouri Columbia

Annual net price
$13,460
Observed earnings · year 5
$25,310
Modeled 10-year ROI
-184%
Open college profile →
Springfield, MO

Academy of Hair Design-Springfield

Annual net price
$15,904
Observed earnings · year 5
$23,355
Modeled 10-year ROI
-189%
Open college profile →
Neosho, MO

Neosho Beauty and Barber College

Annual net price
$12,213
Observed earnings · year 5
$25,599
Modeled 10-year ROI
-185%
Open college profile →
ALL REPORTABLE PROGRAM CATEGORIES

Explore exact field-and-credential outcomes

Federal fieldCredentialEarnings, year 4Federal debt
Somatic Bodywork and Related Therapeutic ServicesUndergraduate Certificate or Diploma$28,954$6,333
Cosmetology and Related Personal Grooming ServicesUndergraduate Certificate or Diploma$22,475$9,701

Earnings, price, completion and enrollment are observed federal measures. ROI, payoff and break-even are modeled scenarios built from those measures and fixed assumptions. College payoff is not the payoff of every degree at this school; use the program table for a more precise comparison.