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Head-to-head comparison

Lincoln College of Technology-Indianapolis vs Empire Beauty School-Indianapolis: which has better ROI?

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

Option A Indianapolis, IN

Lincoln College of Technology-Indianapolis

Net price / year
$28,371
Earnings, 10 years
$46,396
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 Lincoln College of Technology-Indianapolis comes closer — median earnings $46,396 against a $113,484 total, vs $24,397 at Empire Beauty School-Indianapolis. (Scorecard, 2026 · our math.)

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Head to head
MeasureLincoln College of Technology-IndianapolisEmpire Beauty School-Indianapolis
Net price / yr$28,371$17,213
Total net cost$113,484$68,852
Median earnings, 10 yrs$46,396$24,397
Median debt$11,730$10,667
Payback——
20-year net return-$152,764-$548,112

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

The short answer

Which is cheaper, Lincoln College of Technology-Indianapolis or Empire Beauty School-Indianapolis?

Empire Beauty School-Indianapolis, at $17,213 a year after aid versus $28,371 — a gap of $11,158 a year, or $44,632 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 Lincoln College of Technology-Indianapolis or Empire Beauty School-Indianapolis graduates earn more?

Lincoln College of Technology-Indianapolis graduates report a median $46,396 ten years after entry, $21,999 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, Lincoln College of Technology-Indianapolis or Empire Beauty School-Indianapolis?

Empire Beauty School-Indianapolis: its completers carry a median $10,667 in federal loans versus $11,730 at Lincoln College of Technology-Indianapolis, a difference of $1,063. The figure counts students who finished; it excludes private loans and anyone who left before graduating.

Lincoln College of Technology-Indianapolis vs Empire Beauty School-Indianapolis: frequently asked questions

Is Lincoln College of Technology-Indianapolis or Empire Beauty School-Indianapolis a better value?
Lincoln College of Technology-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, Lincoln College of Technology-Indianapolis or Empire Beauty School-Indianapolis?
Empire Beauty School-Indianapolis: $17,213/yr net price after aid versus $28,371/yr at Lincoln College of Technology-Indianapolis — a difference of $11,158 a year, or about $44,632 over four years.
Do Lincoln College of Technology-Indianapolis or Empire Beauty School-Indianapolis graduates earn more?
Lincoln College of Technology-Indianapolis graduates earn a median $46,396 ten years after entry, versus $24,397 at Empire Beauty School-Indianapolis — a $21,999 gap. This blends every major, so a specific field can flip it.