According to recent disclosures, tuition fees at Laurus College rose by 1.2% for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the four-year private for-profit institution paid $82,150 this year, an increase of $500 from the $81,650 charged during the 2021-22 academic year.
Approximately 91% of the undergraduate student body at Laurus College are residents of California, while about 9% come from other states.
Data indicates that 81% of full-time undergraduates who began their studies at Laurus College in 2022-23 received some form of financial aid. Specifically, 65 students obtained grants or scholarships totaling $318,035, and 37 students took out loans amounting to more than $311,799.
Across the entire undergraduate population, 572 students received grants or scholarships totaling $2.6 million. Additionally, 528 students borrowed $4.8 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 Laurus College 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 | 65 | 81% | $318,035 | $4,893 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 65 | 81% | $318,035 | $4,893 |
| Federal student loans | 37 | 46% | $311,799 | $8,427 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 37 | 46% | $311,799 | $8,427 |
| Total student aid | 65 | 81% | $629,834 | $9,689 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
