(a) Every applicant for a certificate of registration to operate a new barber college shall offer proof sufficient to the State Board of Barber Examiners that the establishment of a new barber college in a particular area will not be detrimental to the public welfare.
(b) In considering whether the establishment of a new barber college in a particular area will be detrimental to the public welfare, the board shall consider the need for barber college facilities or additional barber college facilities, as the case may be, in the community where the proposed barber college is to be located, giving particular consideration to:
(1) The economic character of the community;
(2) The adequacy of existing barbershops and barber colleges in that community;
(3) The ability of the community to support the proposed barber college;
(4) The character of adjacent communities and the extent to which the establishment of the proposed barber college would draw patrons from such adjacent communities; and
(5) The social and economic effect of the establishment of a barber college on the community where it is proposed to be located and on the adjacent communities.