The Ohio Medical Career College did not increase tuition for the 2022-23 academic year, as revealed in the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students paid $20,100 to enroll in the two-year private for-profit college during both the 2021-22 and 2022-23 school years.
Approximately 78% of the undergraduate students at the college are residents of Ohio, while about 22% come from other states.
Data indicates that 90% of full-time undergraduates who began their studies at Ohio Medical Career College in 2022-23 received some form of financial aid. Specifically, 64 students were awarded grants or scholarships totaling $320,214, and 62 students borrowed over $438,132 in student loans.
Across all undergraduate students, 213 received grants or scholarships amounting to $760,332. Additionally, 142 students borrowed a total of $1 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.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 58 | 72% | $271,963 | $4,689 |
| State / local grant or scholarship | 9 | 11% | $48,251 | $5,361 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 64 | 79% | $320,214 | $5,003 |
| Federal student loans | 62 | 77% | $438,132 | $7,067 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 62 | 77% | $438,132 | $7,067 |
| Total student aid | 73 | 90% | $758,346 | $10,388 |
