Cost of education at Arthur’s Beauty College stays the same for all students in 2022-23 school year

Director, Mandy K. Cohen & Nirav D. Shah, Principal Deputy Director
Director, Mandy K. Cohen & Nirav D. Shah, Principal Deputy Director
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Tuition at Arthur’s Beauty College did not change for the 2022-23 school year, as revealed in 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 $15,750 for both the 2021-22 and 2022-23 academic years.

The entire undergraduate student body at the school consists of residents from Arkansas.

Data indicates that 83% of full-time undergraduates who began studies at Arthur’s Beauty College in 2022-23 received some form of financial aid. Specifically, 20 students were awarded grants or scholarships totaling $96,353, while 22 students borrowed over $123,000 in student loans.

Across all undergraduate students, 57 received grants or scholarships amounting to $253,900. Additionally, 63 students took out federal student loans totaling $352,769.

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 Arthur’s 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 20 69% $91,569 $4,578
State / local grant or scholarship 0 3% $0 $0
Institutional grants or scholarships 0 3% $0 $0
Grant or scholarship aid total 20 69% $96,353 $4,818
Federal student loans 22 76% $123,000 $5,591
Other student loans 0 0% $0 $0
Student loan aid 22 76% $123,000 $5,591
Total student aid 24 83% $219,353 $9,139

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



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