The latest figures reveal an 18.4% decrease in tuition fees at Hoss Lee Academy 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 $12,200 this year, a reduction of $2,760 from the $14,960 tuition charged during the 2021-22 academic year.
The entire undergraduate student body at the school consists of California residents.
Data indicates that 42% of full-time undergraduates who began studies at Hoss Lee Academy in 2022-23 received some form of financial aid. A total of 45 students were awarded grants or scholarships amounting to $202,221, while 51 students obtained student loans exceeding $325,896.
Across all undergraduates, 65 students benefited from grants or scholarships totaling $247,847. Additionally, 69 students secured federal student loans totaling $369,176.
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.
The following data includes only full-time students who began an undergraduate program at the the Hoss Lee Academy 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 | 45 | 32% | $202,221 | $4,494 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 45 | 32% | $202,221 | $4,494 |
| Federal student loans | 51 | 36% | $325,896 | $6,390 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 51 | 36% | $325,896 | $6,390 |
| Total student aid | 59 | 42% | $528,117 | $8,951 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
