-65%
Undergraduate enrollment
Undergraduate enrollment at Loraines Academy & Spa fell 65% between 2021 and 2024 (85 → 30).
Florida · Private for-profit · Predominantly certificates
Loraines Academy & Spa
Saint Petersburg, Florida. 85 undergraduate students. 2 programs in the federal Field-of-Study dataset.
ANOMALY ENGINE · NOTABLE SIGNALS
What the data flags at Loraines Academy & Spa
Short-arc shifts (recent 3-year window), peer outliers, earnings trend breaks, completion drops, enrollment cliffs, and debt-to-earnings warnings — surfaced deterministically from the federal record. Multi-decade shifts are reported separately in the Long Arc section, since 25-year tuition drift isn't really an anomaly.
-100%
3-year cohort default rate
3-year cohort default rate at Loraines Academy & Spa fell 100% between 2021 and 2024 (7.0% → 0.0%).
-28%
150%-time completion
150%-time completion at Loraines Academy & Spa fell 28% between 2006 and 2009 (59.6% → 43.1%).
-19%
Earnings trend · post-entry horizons
Earnings 10 years post-entry at Loraines Academy & Spa are 19% below 6-year earnings ($22.5k → $18.3k).
SECTION 01 · OUTCOMES SNAPSHOT
The numbers, vs. Florida
Each tile compares this institution to the Florida median for the same metric. Sub-line shows the comparison value, not an interpretation. Sparklines trace the federally available history.
$18,342-19% · 6→10y
Florida median $36,288$22,528
Treasury earnings · 6y post-entry61.4%-39% · '97→'09
Florida median 65.6%$5,833+188% · '97→'20
At program completion85-85% · '96→'24
latest IPEDS73.3%-7% · '04→'24
first-time, full-time—
latest cohort—
annualSECTION 02 · EARNINGS HORIZONS
How earnings spread, 4 to 10 years after entry
Treasury tax-record earnings for federally aided students who first enrolled at this institution. Each point is a horizon from the most-recent vintage. Single median per horizon (no p25/p75 publishing).
Earnings widen with time post-entry. Selection: federal-aid recipients only — not all graduates.Methodology →
SECTION 03 · DEBT-TO-EARNINGS
What loans cost relative to earnings
Annual debt service as a share of median earnings 10 years after entry, computed under federal Direct loan terms (10-year fixed at 6%). The 8% line is the gainful-employment threshold from federal regulation; above 12% has historically been considered “failing” under prior rule cycles.
Institution-wide
4.2%Median federal debt $5,833 amortized over 10 years vs. median earnings $18,342 (10y after entry).
SECTION 04 · LONG ARC
Ten-plus year arc
Federally available history. Coverage varies by metric — IPEDS publishes some series only after 2009 and others only before.
Undergraduate enrollment.
150%-time completion rate.
Median federal student debt at exit.
-39%
Loraines Academy & Spa · completion · 150% fell
71.2% → 43.1%
-83%
Loraines Academy & Spa · undergrad enrollment fell
196 → 30
+188%
Loraines Academy & Spa · median debt rose
$2,200 → $6,333
-100%
Loraines Academy & Spa · cohort default rate fell
20.7% → 0.0%
+713%
Loraines Academy & Spa · pell share rose
6.8% → 55.2%
+23%
Loraines Academy & Spa · earnings_median_8yr rose
$16,300 → $20,095
+36%
Loraines Academy & Spa · earnings_median_6yr rose
$16,600 → $22,528
SECTION 05 · PROGRAMS
Ranked by 5-year earnings
Each row is one (CIP × credential) program reported by the institution in College Scorecard's Field-of-Study data. Cohort floor is 30 students; below this, federal data is suppressed.
SECTION 06 · BY CIP FAMILY
1 programs with earnings, grouped
Programs are grouped by 2-digit CIP family. Programs without reported earnings are hidden to keep the list focused.
PERSONAL & CULINARY SERVICES · CIP 12
FINANCIAL OUTCOME · ILLUSTRATION
Estimate the financial outcome at Loraines Academy & Spa
Pick a program. Cost from Scorecard net price by family income; earnings from Treasury 5-year-post-completion median, projected forward with a Mincer age-earnings curve. The selection-bias toggle applies the Dale-Krueger shrinkage. Outcomes illustration, not a forecast — see methodology.
Shrinks the earnings premium toward the matched-applicant mean. STEM <15%, business ~40%, arts & education ~60%.
NET PRESENT VALUE
-$172,303
Over 40 years, discounted 5.0%
BREAKEVEN
—
Doesn’t reach breakeven within the horizon
- Cost per year
- $11,748
- HS-only baseline · FL
- $35,400
- Years to complete
- 1
- CIP family
- 12
Outcomes illustration · not a forecast. Projects observed Scorecard earnings forward with a Mincer age-earnings curve under your assumptions. See methodology for the math.
SECTION 07 · SIMILAR INSTITUTIONS
Same sector and degree mix in Florida
Picked by Carnegie sector × predominant credential level. These are not rankings — just nearest-neighbour surfaces for comparison.
CAUSAL DISCIPLINE
“Loraines Academy & Spa graduates earn $X” — not “Loraines Academy & Spa makes you earn $X”
Median earnings describe what cohorts earned. They do not describe what attending Loraines Academy & Spa caused. Selection effects (who admits, who enrolls, who completes) are real. We publish federal data with strict descriptive phrasing — and link the methodology where you can read about the limitations directly.