Cost of education increases for all PC AGE-Metropark students in 2022-23 school year

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The cost of tuition at PC AGE-Metropark rose by 9.2% for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students paid $23,790 to enroll at the private, for-profit institution in both the 2021-22 and 2022-23 academic years.

All undergraduate students at the school are residents of New Jersey.

Data indicates that 53% of full-time undergraduates who began studies at PC AGE-Metropark in 2022-23 received some form of student financial aid. Specifically, 18 students were awarded grants or scholarships totaling $92,970, while 16 students obtained student loans exceeding $134,956.

Among all undergraduate students, 38 received grants or scholarships amounting to $199,010. Additionally, 34 students borrowed a total of $272,166 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 PC AGE-Metropark 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 18 50% $92,970 $5,165
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 18 50% $92,970 $5,165
Federal student loans 16 44% $128,660 $8,041
Other student loans 0 3% $0 $0
Student loan aid 16 44% $134,956 $8,435
Total student aid 19 53% $227,926 $11,996

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



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