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Thursday, November 21, 2024

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

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Angela Spalsbury, Ph.D., Dean and Chief Administrative Officer | Kent State University at Geauga

Angela Spalsbury, Ph.D., Dean and Chief Administrative Officer | Kent State University at Geauga

College tuition fees rose 4.4% in Geauga County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $7,058 on average to attend higher education courses at the time, $300 more than the previous school year.

At the time, at least $645,194 in grants or scholarships were awarded to full-time undergraduates who started at the Geauga County universities in the 2022-23 school year. Additionally, federal student loans reached more than $482,741.

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.

Of the two institutions in Geauga County, only Kent State University at Geauga provided detailed tuition fee data.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Total Student Aid in Geauga 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
Kent State University at Geauga129$645,194$5,00290$482,741$5,364
International Culinary Arts and Sciences Institute------------

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