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

Nirav D. Shah, CDC Principal Deputy Director
Nirav D. Shah, CDC Principal Deputy Director
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For the 2022-23 school year, tuition at Paul Mitchell the School-Denver rose by 14.5%, as revealed in the latest data, according to the latest disclosure from the National Center for Education Statistics.

Students paid $19,428 to enroll at the private for-profit institution this year, which is $2,457 higher than the $16,971 charged during the 2021-22 academic year.

All undergraduate students at the school are residents of Colorado.

Data indicates that 77% of full-time undergraduates who began studies at Paul Mitchell the School-Denver in 2022-23 received some form of student financial aid. Specifically, 31 students were awarded grants or scholarships totaling $158,635, while 41 students obtained student loans exceeding $300,649.

Across the entire undergraduate population, 162 students benefited from grants or scholarships amounting to $785,765. Additionally, 201 students borrowed a total of $1.4 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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Paul Mitchell the School-Denver 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 31 52% $158,635 $5,117
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 31 52% $158,635 $5,117
Federal student loans 41 68% $295,183 $7,200
Other student loans 0 5% $0 $0
Student loan aid 41 68% $300,649 $7,333
Total student aid 46 77% $459,284 $9,984

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



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