Cost of education decreases for all students at Paul Mitchell the School-Salt Lake City in 2022-23 school year

Devan Hughes, Director Of Admissions
Devan Hughes, Director Of Admissions
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According to recent disclosures, tuition for the 2022-23 school year at Paul Mitchell the School-Salt Lake City fell by 0.1%, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private for-profit institution paid $17,954 this year, which is $16 less than the $17,970 charged during the 2021-22 academic year.

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

Data indicates that 90% of full-time undergraduates who began their studies at Paul Mitchell the School-Salt Lake City in 2022-23 received some form of student financial aid. Specifically, 11 students were awarded grants or scholarships totaling $64,997, while 14 students obtained student loans amounting to over $83,333.

Across the full undergraduate population, 193 students utilized grants or scholarships totaling $1 million. Additionally, 181 students borrowed a combined total of $1.1 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-Salt Lake City 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 11 55% $63,997 $5,818
State / local grant or scholarship 0 5% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 11 55% $64,997 $5,909
Federal student loans 14 70% $83,333 $5,952
Other student loans 0 0% $0 $0
Student loan aid 14 70% $83,333 $5,952
Total student aid 18 90% $148,330 $8,240

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



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