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Head-to-head comparison

Aveda Fredric's Institute-Indianapolis vs Empire Beauty School-Indianapolis: which has better ROI?

Private for-profit, Carmel IN · vs · Private for-profit, Indianapolis IN

Option A Carmel, IN

Aveda Fredric's Institute-Indianapolis

Net price / year
$24,096
Earnings, 10 years
$31,963
Payback
No payback

Option B Indianapolis, IN

Empire Beauty School-Indianapolis

Net price / year
$17,213
Earnings, 10 years
$24,397
Payback
No payback
The verdict

Neither clears its cost on institution-wide earnings, but Aveda Fredric's Institute-Indianapolis comes closer — median earnings $31,963 against a $96,384 total, vs $24,397 at Empire Beauty School-Indianapolis. (Scorecard, 2026 · our math.)

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Head to head
MeasureAveda Fredric's Institute-IndianapolisEmpire Beauty School-Indianapolis
Net price / yr$24,096$17,213
Total net cost$96,384$68,852
Median earnings, 10 yrs$31,963$24,397
Median debt$7,389$10,667
Payback——
20-year net return-$424,324-$548,112

College Scorecard (2026), institution-level · payback and returns are our math. Figures blend all majors.

The short answer

Which is cheaper, Aveda Fredric's Institute-Indianapolis or Empire Beauty School-Indianapolis?

Empire Beauty School-Indianapolis, at $17,213 a year after aid versus $24,096 — a gap of $6,883 a year, or $27,532 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 Aveda Fredric's Institute-Indianapolis or Empire Beauty School-Indianapolis graduates earn more?

Aveda Fredric's Institute-Indianapolis graduates report a median $31,963 ten years after entry, $7,566 more than the $24,397 at Empire Beauty School-Indianapolis. 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 leaves students with less debt, Aveda Fredric's Institute-Indianapolis or Empire Beauty School-Indianapolis?

Aveda Fredric's Institute-Indianapolis: its completers carry a median $7,389 in federal loans versus $10,667 at Empire Beauty School-Indianapolis, a difference of $3,278. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Aveda Fredric's Institute-Indianapolis vs Empire Beauty School-Indianapolis: frequently asked questions

Is Aveda Fredric's Institute-Indianapolis or Empire Beauty School-Indianapolis a better value?
Aveda Fredric's Institute-Indianapolis comes closer, but neither clears its cost on institution-wide earnings — the field you study decides it here more than the school.
Which is cheaper, Aveda Fredric's Institute-Indianapolis or Empire Beauty School-Indianapolis?
Empire Beauty School-Indianapolis: $17,213/yr net price after aid versus $24,096/yr at Aveda Fredric's Institute-Indianapolis — a difference of $6,883 a year, or about $27,532 over four years.
Do Aveda Fredric's Institute-Indianapolis or Empire Beauty School-Indianapolis graduates earn more?
Aveda Fredric's Institute-Indianapolis graduates earn a median $31,963 ten years after entry, versus $24,397 at Empire Beauty School-Indianapolis — a $7,566 gap. This blends every major, so a specific field can flip it.