The California Hair Design Academy reported a 29.7% decrease in tuition fees 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 enrolled at the private for-profit institution paid $14,250 this year, which is $6,025 less than the $20,275 tuition charged during the 2021-22 academic year.
All undergraduate students at the academy are residents of California.
Data indicates that 98% of full-time undergraduates who began their studies at the California Hair Design Academy in 2022-23 received some form of student financial aid. A total of 43 students were awarded grants or scholarships amounting to $210,714, while 33 students took out student loans exceeding $173,425.
Across the entire undergraduate body, 146 students received grants or scholarships totaling $605,423. Additionally, 105 students borrowed $587,040 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 California Hair Design 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 | 31 | 67% | $176,064 | $5,679 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 40 | 87% | $34,650 | $866 |
| Grant or scholarship aid total | 43 | 93% | $210,714 | $4,900 |
| Federal student loans | 33 | 72% | $173,425 | $5,255 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 33 | 72% | $173,425 | $5,255 |
| Total student aid | 45 | 98% | $384,139 | $8,536 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
