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Thursday, November 21, 2024

Average cost of college education in Monongalia County rises for students in 2022-23 school year

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George Grayeb Chief Executive Officer & President | Linkedin

George Grayeb Chief Executive Officer & President | Linkedin

College tuition fees rose 4.6% in Monongalia County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $19,093 on average to attend higher education courses at the time, $837 more than the previous school year.

Among the five institutions providing full disclosure in the county, Morgantown Beauty College Inc stood out with the highest tuition fees, reaching an average of $19,477. West Virginia University followed with an average of $19,268 per year. Monongalia County Technical Education Center students were offered the lowest annual tuition fees at $4,815.

At the time, at least $51.5 million in grants or scholarships were awarded to full-time undergraduates who started at the Monongalia County universities in the 2022-23 school year. Additionally, federal student loans reached more than $25.7 million.

Currently there are six higher education institutions in Monongalia County, including West Virginia Junior College-Morgantown, West Virginia University Hospital Departments of Rad Tech and Nutrition, and Monongalia County Technical Education Center.

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 six institutions in Monongalia County, West Virginia University Hospital Departments of Rad Tech and Nutrition did not provide detailed data on tuition fees.

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

Total Student Aid in Monongalia 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
Morgantown Beauty College Inc22$90,373$4,10827$131,953$4,887
West Virginia Junior College-Morgantown44$405,591$9,21845$221,755$4,928
Ross Medical Education Center-Morgantown18$111,382$6,18822$240,958$10,953
West Virginia University4,274$50,828,781$11,8932,555$25,116,503$9,830
Monongalia County Technical Education Center23$91,442$3,9760$0$0
West Virginia University Hospital Departments of Rad Tech and Nutrition------------

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