Cost of education increases for all Asher College students in 2022-23 school year

Tuition at Asher College rose by 4.6% for the 2022-23 academic year, based on the latest available information, according to the latest disclosure from the National Center for Education Statistics.

Students paid $29,110 to attend the two-year private for-profit college this year, which is $1,280 higher than the $27,830 charged during the 2021-22 academic year.

Approximately 46% of the undergraduate student body at Asher College are residents of California, while about 53% come from other states.

Data indicates that 75% of full-time undergraduates who enrolled at Asher College in 2022-23 received some form of student financial aid. In total, 12 students were awarded grants or scholarships amounting to $38,997.

Across the entire undergraduate population, 718 students benefited from grants or scholarships totaling $3.5 million. Additionally, 645 students obtained $4.1 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 Asher College in the 2022-23 school year.

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