Cost of college increased for all students at Ms Roberts Academy of Beauty Culture during 2022-23 school year

Nirav D. Shah, CDC Principal Deputy Director
Nirav D. Shah, CDC Principal Deputy Director
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The Ms Roberts Academy of Beauty Culture experienced an 11.8% tuition hike for the 2022-23 school year, based on the latest available data, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private, for-profit institution paid $18,900 in tuition for both the 2021-22 and 2022-23 academic years.

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

Data indicates that 67% of full-time undergraduates who began studies at Ms Roberts Academy of Beauty Culture in 2022-23 received some form of student financial aid. Specifically, 18 students were awarded grants or scholarships totaling $74,300, while 15 students secured student loans exceeding $73,281.

Among all undergraduates, 51 students benefited from grants or scholarships amounting to $218,802. Additionally, 43 students obtained federal student loans totaling $215,655.

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 Ms Roberts Academy of Beauty Culture 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 18 67% $74,300 $4,128
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 18 67% $74,300 $4,128
Federal student loans 15 56% $73,281 $4,885
Other student loans 0 0% $0 $0
Student loan aid 15 56% $73,281 $4,885
Total student aid 18 67% $147,581 $8,198

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



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