The cost of tuition at Phagans Medford Beauty School rose by 14.6% during the 2022-23 school year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private for-profit institution paid $10,200 this year, an increase of $1,300 from the $8,900 tuition charged in the 2021-22 academic year.
Approximately 92% of the undergraduate students at the school are residents of Oregon, while the remaining 8% come from other states.
Data indicates that 85% of full-time undergraduates who began studies at Phagans Medford Beauty School in 2022-23 received some form of student financial aid. In total, 31 students were awarded grants or scholarships amounting to $164,488, and 26 students secured student loans exceeding $164,423.
Among all undergraduate students, 48 received grants or scholarships totaling $248,152. Additionally, 40 students obtained federal student loans totaling $263,508.
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 | 31 | 78% | $151,994 | $4,903 |
| State / local grant or scholarship | 8 | 20% | $12,394 | $1,549 |
| Institutional grants or scholarships | 0 | 3% | $0 | $0 |
| Grant or scholarship aid total | 31 | 78% | $164,488 | $5,306 |
| Federal student loans | 26 | 65% | $164,423 | $6,324 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 26 | 65% | $164,423 | $6,324 |
| Total student aid | 34 | 85% | $328,911 | $9,673 |
