Cost of education decreases for all students at Advance Beauty College in 2022-23 school year

Howard Zucker, CDC Deputy Director for Global Health
Howard Zucker, CDC Deputy Director for Global Health
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According to recent disclosures, tuition at Advance Beauty College declined by 2.1% during the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private for-profit institution paid $6,849 this year, an increase of $1,214 compared to the $5,635 tuition charged in the 2021-22 academic year.

The entire undergraduate student body at the college consists of California residents.

Data indicates that 69% of full-time undergraduates who began their studies at Advance Beauty College in 2022-23 received some form of student financial aid. A total of 217 students were awarded grants or scholarships amounting to $1.1 million.

Across all undergraduate students, 509 received grants or scholarships totaling $2.3 million.

Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.

According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.

Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Advance Beauty College in the 2022-23 school year.

Type of Aid Number of students awarded aid Percent awarded aid Total amount of aid awarded Average amount of aid per student
Federal grants 213 67% $1 million $4,908
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 8 3% $8,000 $1,000
Grant or scholarship aid total 217 69% $1.1 million $4,854
Federal student loans 0 0% $0 $0
Other student loans 0 0% $0 $0
Student loan aid 0 0% $0 $0
Total student aid 217 69% $1.1 million $4,853

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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