The cost of tuition at Paul Mitchell the School-Reno rose by 0.4% for the 2022-23 school year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $17,978 this year, which is $75 higher than the $17,903 charged during the 2021-22 academic year.
All undergraduate students attending the school are residents of Nevada.
Data indicates that 80% of full-time undergraduates who began studies at Paul Mitchell the School-Reno in 2022-23 received some form of student financial aid. Specifically, 27 students were awarded grants or scholarships totaling $168,519, while 30 students obtained student loans amounting to more than $229,097.
Overall, 147 undergraduate students benefited from grants or scholarships totaling $761,361. Additionally, 140 students secured federal student loans totaling $958,453.
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 | 27 | 61% | $148,263 | $5,491 |
| State / local grant or scholarship | 0 | 9% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 27 | 61% | $168,519 | $6,241 |
| Federal student loans | 30 | 68% | $229,097 | $7,637 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 30 | 68% | $229,097 | $7,637 |
| Total student aid | 35 | 80% | $397,616 | $11,360 |
