For the 2022-23 school year, tuition at Platt College-Ontario dropped by 3.8%, as revealed in 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 $19,489 this year, which is $2,218 higher than the $17,271 tuition charged during the 2021-22 academic year.
The entire undergraduate student body at the college consists of residents of California.
Data indicates that 91% of full-time undergraduates who began studies at Platt College-Ontario in 2022-23 received some form of student financial aid. Among them, 64 students were awarded grants or scholarships totaling $426,601, while 67 students obtained student loans amounting to more than $741,981.
Across the full undergraduate population, 333 students received grants or scholarships totaling $2.1 million. Additionally, 348 students borrowed $3.2 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 Platt College-Ontario 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 | 60 | 64% | $392,760 | $6,546 |
| State / local grant or scholarship | 5 | 5% | $20,080 | $4,016 |
| Institutional grants or scholarships | 5 | 5% | $13,761 | $2,752 |
| Grant or scholarship aid total | 64 | 68% | $426,601 | $6,666 |
| Federal student loans | 67 | 71% | $649,266 | $9,691 |
| Other student loans | 7 | 7% | $92,715 | $13,245 |
| Student loan aid | 67 | 71% | $741,981 | $11,074 |
| Total student aid | 86 | 91% | $1.2 million | $13,588 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
