The cost of tuition at Advance Beauty Techs Academy rose by 7.3% during the 2022-23 school year, based on the latest data released, according to the latest disclosure from the National Center for Education Statistics.
Students were charged $15,650 to attend the private for-profit institution in both the 2021-22 and 2022-23 academic years.
The entire undergraduate student body at the school consists of residents of California.
Data indicates that 89% of full-time undergraduates who enrolled at Advance Beauty Techs Academy in 2022-23 received some form of student financial aid. Specifically, 29 students were awarded grants or scholarships totaling $154,731, while 28 students obtained student loans exceeding $193,848.
Across the full undergraduate population, 109 students received grants or scholarships amounting to $499,173. Additionally, 105 students borrowed $622,044 in federal student loans.
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.
The following data includes only full-time students who began an undergraduate program at the the Advance Beauty Techs Academy 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 | 29 | 83% | $154,731 | $5,336 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 29 | 83% | $154,731 | $5,336 |
| Federal student loans | 28 | 80% | $193,848 | $6,923 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 28 | 80% | $193,848 | $6,923 |
| Total student aid | 31 | 89% | $348,579 | $11,244 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
