For the 2022-23 school year, tuition at Ross Medical Education Center-Roosevelt Park rose by 1.9%, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $16,297 this year, an increase of $307 from the $15,990 charged during the 2021-22 academic year.
The entire undergraduate student body at the school consists of residents of Michigan.
Data indicates that all full-time undergraduates who began studies at Ross Medical Education Center-Roosevelt Park in 2022-23 received some form of student financial aid. Specifically, 81 students were awarded grants or scholarships totaling $497,727, while 83 students obtained student loans exceeding $818,157.
Across the entire undergraduate population, 161 students benefited from grants or scholarships amounting to $982,259. Additionally, 157 students borrowed approximately $1.1 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 | 80 | 86% | $451,594 | $5,645 |
| State / local grant or scholarship | 5 | 5% | $43,297 | $8,659 |
| Institutional grants or scholarships | 10 | 11% | $2,836 | $284 |
| Grant or scholarship aid total | 81 | 87% | $497,727 | $6,145 |
| Federal student loans | 76 | 82% | $536,419 | $7,058 |
| Other student loans | 44 | 47% | $281,738 | $6,403 |
| Student loan aid | 83 | 89% | $818,157 | $9,857 |
| Total student aid | 93 | 100% | $1.3 million | $14,149 |
