Head-to-head comparison
Allan Hancock College vs Milan Institute of Cosmetology-Vacaville: which has better ROI?
Option A Santa Maria, CA
Allan Hancock College
- Net price / year
- $5,383
- Earnings, 10 years
- $42,786
- Payback
- No payback
Option B Vacaville, CA
Milan Institute of Cosmetology-Vacaville
- Net price / year
- $23,880
- Earnings, 10 years
- $22,378
- Payback
- No payback
Neither clears its cost on institution-wide earnings, but Allan Hancock College comes closer — median earnings $42,786 against a $21,532 total, vs $22,378 at Milan Institute of Cosmetology-Vacaville. (Scorecard, 2026 · our math.)
| Measure | Allan Hancock College | Milan Institute of Cosmetology-Vacaville |
|---|---|---|
| Net price / yr | $5,383 | $23,880 |
| Total net cost | $21,532 | $95,520 |
| Median earnings, 10 yrs | $42,786 | $22,378 |
| Median debt | — | $6,333 |
| Payback | — | — |
| 20-year net return | -$133,012 | -$615,160 |
College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.
The short answer
Which is cheaper, Allan Hancock College or Milan Institute of Cosmetology-Vacaville?
Allan Hancock College, at $5,383 a year after aid versus $23,880 — a gap of $18,497 a year, or $73,988 across the full degree. These are net prices after grants and scholarships, not sticker prices, so they reflect what an aided student pays.
The short answer
Do Allan Hancock College or Milan Institute of Cosmetology-Vacaville graduates earn more?
Allan Hancock College graduates report a median $42,786 ten years after entry, $20,408 more than the $22,378 at Milan Institute of Cosmetology-Vacaville. 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.
The short answer
Which graduates more of its students?
57% of students finish at Milan Institute of Cosmetology-Vacaville, against 26% at Allan Hancock College. Completion matters to the ROI arithmetic because a degree that is never finished still carries its cost and its debt, but earns none of the graduate premium above the $48,360 high-school baseline.