Tuition at ABCO Technology rose by 5% for the 2022-23 school year, based on the latest available information, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private for-profit institution paid $14,775 this year, which is $5,421 higher than the $9,354 charged in the 2021-22 academic year.
Approximately 63% of the undergraduate student body at the school are residents of California, while about 37% come from other states.
Data indicates that 55% of full-time undergraduates who began studies at ABCO Technology in 2022-23 received some form of student financial aid. Among them, 10 students were awarded grants or scholarships totaling $32,096, and five students obtained student loans exceeding $19,290.
Across the entire undergraduate population, 121 students benefited from grants or scholarships amounting to $774,646. Additionally, 30 students borrowed a total of $147,216 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.
The following data includes only full-time students who began an undergraduate program at the ABCO Technology 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 | 8 | 40% | $22,880 | $2,860 |
| State / local grant or scholarship | 0 | 10% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 10 | 50% | $32,096 | $3,210 |
| Federal student loans | 5 | 25% | $19,290 | $3,858 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 5 | 25% | $19,290 | $3,858 |
| Total student aid | 11 | 55% | $51,386 | $4,671 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
