The cost of tuition at P C Age-Jersey City rose by 9.2% during the 2022-23 school year, based on the latest information released, according to the latest disclosure from the National Center for Education Statistics.
Students were charged $23,790 to attend the private for-profit institution in both the 2021-22 and 2022-23 academic years.
Approximately 91% of the undergraduate students at the school are residents of New Jersey, while around 9% come from other states.
Data indicates that 44% of full-time undergraduates who enrolled at P C Age-Jersey City in 2022-23 received some form of financial aid. Specifically, 34 students obtained grants or scholarships totaling $210,050, and 39 students secured student loans amounting to more than $330,184.
Among all undergraduate students, 99 received grants or scholarships totaling $552,998. Additionally, 111 students borrowed federal student loans totaling $966,670.
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 P C Age-Jersey City 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 | 33 | 35% | $197,550 | $5,986 |
| State / local grant or scholarship | 0 | 2% | $0 | $0 |
| Institutional grants or scholarships | 0 | 1% | $0 | $0 |
| Grant or scholarship aid total | 34 | 37% | $210,050 | $6,178 |
| Federal student loans | 39 | 42% | $330,184 | $8,466 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 39 | 42% | $330,184 | $8,466 |
| Total student aid | 41 | 44% | $540,234 | $13,176 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
