In 2003, Terry and Kaye Myhre purchased the Minnesota Cosmetology Education Center and renamed the institution Minnesota School of Cosmetology.
Minneapolis School of Cosmetology has an extremely high
student loan default rate of 24.8%.
2007 the Dept of Education issued Minnesota School of Cosmetology a
letter questioning why 95%
of MSC students with student loans borrowed from one specific lender,
Academic Funding Group (AFG).
AFG was listed as the "preferred lender."
listed as an accredited school on the Council for Higher Education
Accreditation (CHEA) website:
Plymouth, MN, Woodbury, MN$34430N/AN/Amsccollege.edu$841,234$812,420$910,260$607,000$402,717$334,158$282,828$155,903$26,834
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