Cost of college increased for all Cannella School of Hair Design-Villa Park students in 2022-23 school year
The Cannella School of Hair Design-Villa Park saw an 11.6% tuition increase for the 2022-23 school year, according to the latest available information, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, for-profit institution paid $16,410 this year, up $1,700 from the $14,710 tuition charged during the 2021-22 academic year.
All undergraduate students attending the school are residents of Illinois.
Data indicates that every full-time undergraduate who began studies at the Cannella School of Hair Design-Villa Park in 2022-23 received some form of student financial aid. Seven students were awarded grants or scholarships totaling $49,915, while five students obtained student loans exceeding $17,316.
Among all undergraduates, 26 students benefited from grants or scholarships amounting to $113,681. Additionally, nine students secured federal student loans totaling $17,316.
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 | 7 | 100% | $49,915 | $7,131 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 7 | 100% | $49,915 | $7,131 |
| Federal student loans | 5 | 71% | $17,316 | $3,463 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 5 | 71% | $17,316 | $3,463 |
| Total student aid | 7 | 100% | $67,231 | $9,604 |