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Of course they have rights!!!!!!!!!! Seniors have the right to move out of this Memory Care if they don't like how things are being run or if the prices are outrageous. And a 24 year old is a man, not a boy, by the way.
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OP never came back
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Most Memory Care facilities are for-profit, and can charge however much they feel their customers are willing to pay.

You sound really close-minded dismissing a 24 year old as a manager as well. He could very well have a Masters in Healthcare Administration by that age, and be fully capable of managing a facility.
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Unless it is a nursing home, that provides actual nursing care, they should have information available about their policies. Some Independent and Assisted Living facilities state their financial policies upfront. They should tell you how often and on what basis they increase their fees or rent, but probably not a dollar amount. It's wise to ask, if you don't find it in writing.
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I would wonder, since it is a residence if it falls under State mandates. In my State the increase can be no more than 4% for renting of an apt or house.

Is the 2k rent or also for care. Moms AL it was two different amounts.
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Concerned, what provisions do the admission papers and any other contractual documents provide for cost management principles of the MC facility?    That's the first step, to determine if they're contractually compliant.   Did you sign them, or did someone else sign them? 

Have you approached the Administrator or other execs to discuss the rationale and justification for the increase?  $2K monthly or $24K annually seems excessive to me.   What was the quoted cost?  How long has your friend or ex-husband been in the facility? 

Young men can vary drastically in their maturity and competency.    What do you know about this man (not boy)'s background?   Is it in the medical field?   What degrees does he have?   He may in fact be better than some other managers that the MC has had.    He may even be one of the young "hot shots" with new ideas and principles to implement.
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One of my son’s graduated college, obtained a professional job, and bought 2 houses by age 24. He works hard, pays his debts on time, and is known for being thorough and respectful. To automatically label a 24 year old as a boy is condescending and rude. And yes, prices can go up, and yes, seniors have rights as do we all
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Most Assisted Living and Memory Cares are not regulated in quite the same way as nursing homes are. A 24 year old is, yes, considered of age, and capable of being hired by any facility as anything they wish to hire him as. As to the raises that is dependent on understanding and or contract on intake. For instance my brother's place in ALF gave us papers to say that there would be yearly updates to cost of between 2% and 5% unless there were special circumstances (and Covid did qualify as one and that the raise would come on the anniversary of intake to residence. The rights of the senior in any ALF or MC is as published in their guidelines and rules.
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A 24 yr old is not a boy. He may be well qualified.
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Yes and Maybe depends on contract
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