According to the latest data, tuition fees at Love Beauty School Inc did not change for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $15,000 for tuition in both the 2021-22 and 2022-23 academic years.
Approximately 32% of the undergraduate students at the school are residents of Tennessee.
Records indicate that 75% of full-time undergraduates who began studies at Love Beauty School Inc in 2022-23 received some form of student financial aid. Specifically, 52 students were awarded grants or scholarships totaling $248,693, while 49 students obtained student loans amounting to more than $275,214.
Across the entire undergraduate body, 69 students benefited from grants or scholarships totaling $302,301. Additionally, 62 students borrowed $326,046 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.
The following data includes only full-time students who began an undergraduate program at the Love Beauty School Inc 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 | 47 | 62% | $240,578 | $5,119 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 10 | 13% | $8,115 | $812 |
| Grant or scholarship aid total | 52 | 68% | $248,693 | $4,783 |
| Federal student loans | 49 | 64% | $275,214 | $5,617 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 49 | 64% | $275,214 | $5,617 |
| Total student aid | 57 | 75% | $523,907 | $9,191 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
