Cost of college increased for every student at American Beauty and Trade School during 2022-23 school year

Andi Lipstein Fristedt, CDC Deputy Director for Policy , Communications, and Legislative Affairs /Chief Stragedy Officer
Andi Lipstein Fristedt, CDC Deputy Director for Policy , Communications, and Legislative Affairs /Chief Stragedy Officer
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According to the latest data, tuition at the American Beauty and Trade School rose by 12.4% during the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students paid $11,750 to attend the private for-profit institution in both the 2021-22 and 2022-23 academic years.

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

Data indicates that 17% of full-time undergraduates who enrolled at American Beauty and Trade School in 2022-23 received some form of student financial aid. A total of 30 students obtained grants or scholarships amounting to $139,448, while 33 students secured student loans exceeding $153,290.

Across all undergraduates, 30 students received grants or scholarships totaling $139,448, and 33 students borrowed $158,558 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 American Beauty and Trade School 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 30 15% $139,448 $4,648
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 30 15% $139,448 $4,648
Federal student loans 33 17% $153,290 $4,645
Other student loans 0 0% $0 $0
Student loan aid 33 17% $153,290 $4,645
Total student aid 33 17% $292,738 $8,870

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



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