Cost of education increases for all students at Career Care Institute in 2022-23 school year

Edmund Carrasco CEO and Founder - Career Care Institute
Edmund Carrasco CEO and Founder - Career Care Institute
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Edmund Carrasco CEO and Founder - Career Care Institute
Edmund Carrasco CEO and Founder - Career Care Institute

The Career Care Institute reported a 0.2% tuition increase for the 2022-23 school year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students paid $30,682 to attend the two-year private for-profit institution this year, which is $66 more than the $30,616 charged in the 2021-22 academic year.

All undergraduate students enrolled at the school are residents of California.

Data indicates that 81% of full-time undergraduates who began studies at the Career Care Institute in 2022-23 received some form of student financial aid. A total of 391 students were awarded grants or scholarships amounting to $1.8 million, while 387 students borrowed over $2.9 million in student loans.

Across the entire undergraduate population, 646 students received grants or scholarships totaling $2.9 million. Additionally, 665 students obtained $4.9 million 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 the Career Care Institute 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 389 68% $1.7 million $4,440
State / local grant or scholarship 0 1% $0 $0
Institutional grants or scholarships 114 20% $32,848 $288
Grant or scholarship aid total 391 68% $1.8 million $4,513
Federal student loans 383 67% $2.6 million $6,816
Other student loans 20 3% $278,001 $13,900
Student loan aid 387 68% $2.9 million $7,464
Total student aid 466 81% $4.7 million $9,985

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



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