The cost of tuition for the 2022-23 school year at Paul Mitchell the School-Fayetteville rose by 0.5%, as revealed in the latest report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $16,575 this year, which is $75 higher than the $16,500 charged during the 2021-22 academic year.
The entire undergraduate student body at the school consists of residents from North Carolina.
Data indicates that 91% of full-time undergraduates who began their studies at Paul Mitchell the School-Fayetteville in 2022-23 received some form of student financial aid. Specifically, 39 students were awarded grants or scholarships totaling $219,942, while 40 students obtained student loans amounting to more than $337,999.
Across all undergraduate students, 187 received grants or scholarships totaling $1 million. Additionally, 160 students borrowed $1.3 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 37 | 79% | $195,942 | $5,296 |
| State / local grant or scholarship | 6 | 13% | $24,000 | $4,000 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 39 | 83% | $219,942 | $5,640 |
| Federal student loans | 40 | 85% | $337,999 | $8,450 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 40 | 85% | $337,999 | $8,450 |
| Total student aid | 43 | 91% | $557,941 | $12,975 |
