Cost of college decreased for all students at Design’s School of Cosmetology during 2022-23 school year

Mandy K. Cohen, CDC Director
Mandy K. Cohen, CDC Director
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The latest figures reveal that tuition fees at Design’s School of Cosmetology decreased by 26.4% in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private, for-profit institution paid $13,682 this year, a reduction of $4,903 from the $18,585 charged in the 2021-22 academic year.

All undergraduate students enrolled at the school are residents of California.

Data indicates that 82% of full-time undergraduates who began studies at Design’s School of Cosmetology in 2022-23 received some form of student financial aid. Specifically, 25 students were awarded grants or scholarships totaling $105,538, while 30 students secured student loans amounting to more than $111,441.

Across the entire undergraduate body, 96 students received grants or scholarships totaling $415,796. Additionally, 97 students obtained federal student loans totaling $321,470.

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 Design’s School of Cosmetology 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 25 57% $105,538 $4,222
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 25 57% $105,538 $4,222
Federal student loans 30 68% $111,441 $3,715
Other student loans 0 0% $0 $0
Student loan aid 30 68% $111,441 $3,715
Total student aid 36 82% $216,979 $6,027

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



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