For the 2022-23 school year, tuition at the Cosmetology Training Center rose by 0.9%, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, for-profit institution paid $16,387 this year, which is $151 higher than the $16,236 charged during the 2021-22 academic year.
All undergraduate students at the school are residents of Louisiana.
Data indicates that 97% of full-time undergraduates who began studies at the Cosmetology Training Center in 2022-23 received some form of student financial aid. Specifically, 32 students were awarded grants or scholarships totaling $218,232, while 29 students obtained student loans exceeding $163,591.
Among all undergraduate students, 87 received grants or scholarships amounting to $467,132. Additionally, 72 students borrowed $368,593 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 27 | 75% | $138,232 | $5,120 |
| State / local grant or scholarship | 20 | 56% | $80,000 | $4,000 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 32 | 89% | $218,232 | $6,820 |
| Federal student loans | 29 | 81% | $163,591 | $5,641 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 29 | 81% | $163,591 | $5,641 |
| Total student aid | 35 | 97% | $381,823 | $10,909 |
