Quantcast

Metro East Sun

Sunday, November 24, 2024

Students paid more for higher education in Madison County in 2022-23 school year

Webp rciq4d4fn18hjramtffsjekyxv37

Dr. Ken Trzaska President of Lewis and Clark Community College | lc.edu

Dr. Ken Trzaska President of Lewis and Clark Community College | lc.edu

College tuition fees rose 6.8% in Madison County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $11,668 on average to attend higher education courses at the time, $748 more than the previous school year.

Among the three institutions in the county, CALC Institute of Technology stood out with the highest tuition fees, reaching an average of $13,600. Southern Illinois University-Edwardsville followed with an average of $12,558 per year. Lewis and Clark Community College students were offered the lowest annual tuition fees at $9,552.

At the time, at least $17.8 million in grants or scholarships were awarded to full-time undergraduates who started at the Madison County universities in the 2022-23 school year. Additionally, federal student loans reached more than $6.3 million.

Currently there are three higher education institutions in Madison County, including Lewis and Clark Community College, Southern Illinois University-Edwardsville, and CALC Institute of Technology.

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.

Total Student Aid in Madison County Universities in 2022-23 School Year

InstitutionNumber of Students Receiving GrantsTotal Amount of Grants ReceivedAverage Amount of Grant Per StudentNumber of Students Receiving LoansTotal Amount of Loans ReceivedAverage Amount of Loans Per Student
Southern Illinois University-Edwardsville1,646$16,351,096$9,934854$5,506,295$6,448
CALC Institute of Technology------------
Lewis and Clark Community College217$1,409,021$6,493145$754,286$5,202

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS