Cost of education increases for all Rabbi Jacob Joseph School students in 2022-23 school year

Debra Houry, CDC Deputy Director for Program and Science/Chief Medical Officer - cdc.gov
Debra Houry, CDC Deputy Director for Program and Science/Chief Medical Officer - cdc.gov
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The Rabbi Jacob Joseph School reported a 4.1% tuition increase for the 2022-23 school year, based on its most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students paid $12,700 to attend the four-year private, not-for-profit institution this year, up $500 from the $12,200 tuition charged during the 2021-22 academic year.

Approximately 59% of the school’s undergraduate students are residents of New Jersey. Another 25% come from other states, while 16% are international students.

Data indicates that 75% of full-time undergraduates who enrolled at Rabbi Jacob Joseph School in 2022-23 received some form of student financial aid. In total, 24 students were awarded grants or scholarships amounting to $247,754.

Across all undergraduate students, 65 individuals utilized grants or scholarships totaling $730,054.

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 Rabbi Jacob Joseph School 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 5 16% $26,891 $5,378
State / local grant or scholarship 0 9% $0 $0
Institutional grants or scholarships 23 72% $193,493 $8,413
Grant or scholarship aid total 24 75% $247,754 $10,323
Federal student loans 0 0% $0 $0
Other student loans 0 0% $0 $0
Student loan aid 0 0% $0 $0
Total student aid 24 75% $247,754 $10,323

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



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