The Medical Training College reported a 2.8% 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 enrolled at the private, for-profit institution paid $14,450 this year, which is $400 higher than the $14,050 tuition charged during the 2021-22 academic year.
The entire undergraduate student body at the college consists of residents of Louisiana.
Data indicates that 76% of full-time undergraduates who began studies at Medical Training College in 2022-23 received some form of student financial aid. Specifically, 62 students were awarded grants or scholarships totaling $304,000, while 54 students obtained student loans amounting to more than $224,952.
Across all undergraduate students, 211 received grants or scholarships totaling $927,459. Additionally, 172 students borrowed $771,951 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 60 | 70% | $277,950 | $4,633 |
| State / local grant or scholarship | 5 | 6% | $26,050 | $5,210 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 62 | 72% | $304,000 | $4,903 |
| Federal student loans | 54 | 63% | $224,952 | $4,166 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 54 | 63% | $224,952 | $4,166 |
| Total student aid | 65 | 76% | $528,952 | $8,137 |
