Cost of education increases for all students at Paul Mitchell the School-Colorado Springs in 2022-23 school year

Micah McDougle, Director at Paul Mitchell the School
Micah McDougle, Director at Paul Mitchell the School
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Tuition at Paul Mitchell the School-Colorado Springs rose by 0.4% for the 2022-23 school year, based on the most recent data available, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled paid $17,100 this year, which is $75 more than the $17,025 charged during the 2021-22 academic year.

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

Data indicates that 89% of full-time undergraduates who began studies at Paul Mitchell the School-Colorado Springs in 2022-23 received some form of student financial aid. Specifically, 23 students were awarded grants or scholarships totaling $98,459, while another 23 students obtained student loans amounting to over $148,828.

Across the entire undergraduate population, 168 students received grants or scholarships totaling $1 million. Additionally, 134 students secured federal student loans totaling $893,695.

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 Paul Mitchell the School-Colorado Springs 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 23 64% $98,459 $4,281
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 23 64% $98,459 $4,281
Federal student loans 23 64% $148,828 $6,471
Other student loans 0 0% $0 $0
Student loan aid 23 64% $148,828 $6,471
Total student aid 32 89% $247,287 $7,727

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



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