Cost of college decreased for all J D Academy of Salon and Spa students in 2022-23 school year

Janet D. Paradiso President/Admissions Director at J D Academy of Salon and Spa
Janet D. Paradiso President/Admissions Director at J D Academy of Salon and Spa
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For the 2022-23 school year, tuition at J D Academy of Salon and Spa declined by 0.3%, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private for-profit institution paid $21,528 this year, which is $72 less than the $21,600 charged during the 2021-22 academic year.

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

Data indicates that 88% of full-time undergraduates who began studies at J D Academy of Salon and Spa in 2022-23 received some form of financial aid. Seventeen students were awarded grants or scholarships totaling $83,099, while 28 students took out student loans amounting to more than $165,488.

Across all undergraduate students, 69 received grants or scholarships totaling $273,233. Additionally, 99 students borrowed a combined $576,234 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the J D Academy of Salon and Spa 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 17 53% $83,099 $4,888
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 17 53% $83,099 $4,888
Federal student loans 28 88% $165,488 $5,910
Other student loans 0 0% $0 $0
Student loan aid 28 88% $165,488 $5,910
Total student aid 28 88% $248,587 $8,878

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



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