Cost of education increases for all students at Paul Mitchell the School-Richland in 2022-23 school year

Regional Education Leader, Phil Wood
Regional Education Leader, Phil Wood
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The cost of tuition at Paul Mitchell the School-Richland rose by 1.4% for the 2022-23 school year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students paid $19,460 to attend the private for-profit institution this year, an increase of $260 from the $19,200 tuition charged during the 2021-22 academic year.

Approximately 78% of the undergraduate student body at the school are residents of Washington, while around 22% come from other states.

Data indicates that 95% of full-time undergraduates who began their studies at Paul Mitchell the School-Richland in 2022-23 received some form of student financial aid. A total of 129 students were awarded grants or scholarships amounting to $689,805, and 140 students obtained student loans exceeding $1.1 million.

Across all undergraduate students, 310 individuals received grants or scholarships totaling $1.5 million. Additionally, 315 students borrowed $2.3 million 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Paul Mitchell the School-Richland 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 129 82% $687,805 $5,332
State / local grant or scholarship 0 2% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 129 82% $689,805 $5,347
Federal student loans 140 89% $1.1 million $7,869
Other student loans 0 0% $0 $0
Student loan aid 140 89% $1.1 million $7,869
Total student aid 150 95% $1.8 million $11,942

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



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