#437 - Private Beauty School Profits + Why Loans Are Being Defunded
Thriving Stylist Podcast
Britt Seva
4.9 • 2.1K Ratings
🗓️ 11 May 2026
⏱️ 30 minutes
🧾️ Download transcript
Summary
Have you ever looked at a viral post and felt like something was missing? This week, a social media campaign from a collection of private beauty schools has been making the rounds, warning that the industry is at risk of collapse due to federal loan defunding. On its face, it sounds terrifying, but once you peel back the layers, you realize the situation is much more complex than just "saving" the industry.
I was asked about my opinion on the post and situation, so I wanted to do an investigative-style episode that digs into the financial mechanics of for-profit beauty schools and the reality of the July 2025 Big, Beautiful Bill. I'm breaking down why the shift in oversight to the Treasury Department is happening, the staggering default rates that are putting NACCAS accreditation at risk, why cosmetology has landed in the crosshairs of a new federal earnings test, and much more.
If you've been confused by the buzz or worried about the future of beauty education, this episode is your clarity and context. Let's look at the data, address the fragility of the current model, and talk about how we can come together to build something better!
If you need a tool to keep your numbers (and business!) organized, you'll want to check out our Wealthiest Year Yet Planner. Join the waitlist now at www.thrivingstylist.com/wealthiestyearyet/.
The beauty industry is changing faster than ever. What worked in 2022 or even 2024 won't cut it in 2026, so are you ready? Grab our FREE 2026 TREND REPORT, The 2026 Must-Know Business Realities, Strategies & Trends for Stylists and Salon Owners now at https://thrivingstylist.com/mustknow/.
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Do you have a question for me that you'd like answered in a future episode like this one? A great way to do that is to head over to Apple Podcasts and leave a rating and review with your question. I'm looking forward to answering your question on a future episode on the podcast!
If you're not already following us, @thethrivingstylist, what are you waiting for? This is where I share pro tips every single week, along with winning strategies, testimonials, and amazing breakthroughs from my audience. You're not going to want to miss out on this.
Learn more at: https://thrivingstylist.com/podcast/
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Being behind the chair is what you love. |
| 0:02.3 | Worrying about money, that's exhausting. |
| 0:05.5 | Imagine if 2026 was the year everything changed. |
| 0:08.7 | It's not just some stylist in our coaching program that grow their income. |
| 0:12.0 | Every single one does. |
| 0:13.9 | Over half even cut their hours while earning more. |
| 0:16.6 | And all of them, they finally feel in control. |
| 0:19.6 | No guesswork. |
| 0:20.8 | No risk. |
| 0:22.0 | Just real results in 90 days or less for our 17,000 members who are just like you. |
| 0:28.0 | Visit www.thrivingstylist.com and take the first step towards the business and the life you actually want. |
| 0:36.9 | Do you feel like you were meant to have a kick-ass career as a hairstylist? |
| 0:40.5 | Like you got into this industry to make big things happen? |
| 0:43.8 | Maybe you're struggling to build a solid base and want some stability. |
| 0:47.2 | Maybe you know social media is important, but it feels like a waste of time because you |
| 0:50.8 | weren't seeing any results. |
| 0:52.6 | Maybe you've already had some amazing success, |
| 0:54.7 | but are craving more. Maybe you're ready to truly enjoy the freedom and flexibility this industry |
| 0:59.8 | has to offer. Cutting and coloring skills will only get you so far, but to build a lifelong |
| 1:05.1 | career as a wealthy stylist, it takes business skills and a serious marketing strategy. |
| 1:10.2 | When you're ready to quit just working in your business and start working on it, |
| 1:13.7 | join us here where we share real success stories from real stylists. |
... |
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