The Career Networks Institute reported a 0.1% reduction in tuition fees for 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 four-year private for-profit institution paid $75,380 this year, which is $74 less than the $75,454 charged during the 2021-22 academic year.
All undergraduate students at the school are residents of California.
Data indicates that 63% of full-time undergraduates who began studies at the Career Networks Institute in 2022-23 received some form of financial aid. Specifically, 21 students were awarded grants or scholarships totaling $122,225, while 26 students obtained student loans exceeding $190,768.
Among all undergraduates, 553 students benefited from grants or scholarships amounting to $3.3 million. Additionally, 767 students borrowed $6.4 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.
The following data includes only full-time students who began an undergraduate program at the the Career Networks 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 | 20 | 41% | $120,577 | $6,029 |
| State / local grant or scholarship | 0 | 2% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 21 | 43% | $122,225 | $5,820 |
| Federal student loans | 26 | 53% | $190,768 | $7,337 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 26 | 53% | $190,768 | $7,337 |
| Total student aid | 31 | 63% | $312,993 | $10,096 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
