For the 2022-23 school year, tuition at Paul Mitchell the School-Sacramento rose by 7%, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students paid $9,360 to attend the private for-profit institution this year, an increase of $610 from the $8,750 charged during the 2021-22 academic year.
Approximately 98% of the undergraduate students at the school are residents of California, while about 2% come from other states.
Data indicates that 71% of full-time undergraduates who enrolled at Paul Mitchell the School-Sacramento in 2022-23 received some form of financial aid. A total of 61 students were awarded grants or scholarships amounting to $300,420, and 78 students obtained student loans exceeding $516,078.
Among all undergraduates, 353 students received grants or scholarships totaling $1.7 million, while 334 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 61 | 48% | $300,420 | $4,925 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 61 | 48% | $300,420 | $4,925 |
| Federal student loans | 78 | 62% | $499,317 | $6,402 |
| Other student loans | 0 | 3% | $0 | $0 |
| Student loan aid | 78 | 62% | $516,078 | $6,616 |
| Total student aid | 90 | 71% | $816,498 | $9,072 |
