Tuition rates for New Tyler Barber College Inc did not increase during the 2022-23 school year, as indicated by the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $16,900 this year, an increase of $1,075 from the $15,825 charged in the 2021-22 academic year.
The entire undergraduate student body at the school consists of residents from Arkansas.
Data reveals that 92% of full-time undergraduates who began studies at New Tyler Barber College Inc in 2022-23 received some form of financial aid. Specifically, 12 students were awarded grants or scholarships totaling $84,293, while seven students obtained student loans exceeding $52,500.
Across all undergraduate students, 47 individuals received grants or scholarships amounting to $337,003. Additionally, 32 students borrowed a combined total of $256,331 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 New Tyler Barber College Inc 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 | 12 | 92% | $84,293 | $7,024 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 12 | 92% | $84,293 | $7,024 |
| Federal student loans | 7 | 54% | $52,500 | $7,500 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 7 | 54% | $52,500 | $7,500 |
| Total student aid | 12 | 92% | $136,793 | $11,399 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
