Cost of education increases for all Jenks Beauty College students in 2022-23 school year

Rebecca Banuelos, President - Facebook
Rebecca Banuelos, President - Facebook
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According to the latest figures, tuition at Jenks Beauty College rose by 10.8% for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Students enrolled at the private for-profit institution paid $6,170 this year, an increase of $600 from the $5,570 charged in the 2021-22 academic year.

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

Data indicates that 72% of full-time undergraduates who began studies at Jenks Beauty College in 2022-23 received some form of student financial aid. Specifically, 39 students were awarded grants or scholarships totaling $186,828, while 35 students obtained student loans exceeding $151,484.

Across all undergraduate students, 176 received grants or scholarships amounting to $790,927. Additionally, 124 students borrowed a combined total of $557,323 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 Jenks Beauty College in the 2022-23 school year.

Type of AidNumber of students awarded aidPercent awarded aidTotal amount of aid awardedAverage amount of aid per student
Federal grants3957%$186,828$4,790
State / local grant or scholarship00%$0$0
Institutional grants or scholarships00%$0$0
Grant or scholarship aid total3957%$186,828$4,790
Federal student loans3551%$151,484$4,328
Other student loans00%$0$0
Student loan aid3551%$151,484$4,328
Total student aid4972%$338,312$6,904
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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