For the 2022-23 school year, tuition at CET-Soledad rose by 6.5%, as revealed in the most recent report, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private, not-for-profit institution paid $16,375 this year, an increase of $1,000 from the $15,375 charged during the 2021-22 academic year.
The entire undergraduate student body at the school consists of California residents.
Data indicates that 86% of full-time undergraduates who began studies at CET-Soledad in 2022-23 received some form of student financial aid. Specifically, 140 students were awarded grants or scholarships totaling $1.8 million, while 29 students obtained student loans exceeding $197,975.
Across all undergraduate students, 202 received grants or scholarships amounting to $2.6 million. Additionally, 49 students borrowed a total of $343,920 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 CET-Soledad 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 | 125 | 76% | $1.6 million | $12,759 |
| State / local grant or scholarship | 39 | 24% | $234,815 | $6,021 |
| Institutional grants or scholarships | 0 | 0% | $0 | $0 |
| Grant or scholarship aid total | 140 | 85% | $1.8 million | $13,069 |
| Federal student loans | 29 | 18% | $197,975 | $6,827 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 29 | 18% | $197,975 | $6,827 |
| Total student aid | 141 | 86% | $2 million | $14,380 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
