The cost of tuition at American Beauty College rose by 1.7% 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 $18,000 to attend the private, for-profit institution this year, an increase of $300 from the $17,700 charged during the 2021-22 academic year.
All undergraduate students enrolled at the college are residents of California.
Data indicates that 97% of full-time undergraduates who began studies at American Beauty College in 2022-23 received some form of student financial aid. Specifically, 36 students were awarded grants or scholarships totaling $237,837, while another 36 students obtained student loans exceeding $228,942.
Across the entire undergraduate population, 289 students received grants or scholarships amounting to $1.4 million. Additionally, 210 students borrowed $1.2 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.
The following data includes only full-time students who began an undergraduate program at the American 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 | 36 | 92% | $222,450 | $6,179 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 14 | 36% | $15,387 | $1,099 |
| Grant or scholarship aid total | 36 | 92% | $237,837 | $6,607 |
| Federal student loans | 36 | 92% | $228,942 | $6,360 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 36 | 92% | $228,942 | $6,360 |
| Total student aid | 38 | 97% | $466,779 | $12,283 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
