Quantcast

NW Tennessee News

Friday, November 15, 2024

Average cost of college education in Gibson County remains unchanged for students in 2022-23 school year

Webp ofm0ebbmoir1clhy479508co7rjo

Norma Arnold Owner - President | Arnolds Beauty School

Norma Arnold Owner - President | Arnolds Beauty School

College tuition fees were unchanged in Gibson County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $16,750 on average to attend Arnolds Beauty School courses at the time, unchanged from the previous school year.

For comparison, Tennessee universities charge students an annual average of $15,274 per year.

At the time, a total of $262,639 in grants or scholarships were awarded to full-time undergraduates who enrolled in the university. Additionally, federal student loans reached $49,077.

Currently, there are 70 students enrolled in Arnolds Beauty School.

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 Arnolds Beauty School 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
Arnolds Beauty School42$262,639$6,2539$49,077$5,453

ORGANIZATIONS IN THIS STORY

!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