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Saturday, September 28, 2024

Average cost of college went up for students in Jackson County in 2022-23 school year

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Dr. Sarah Clemmons President | Chipola College

Dr. Sarah Clemmons President | Chipola College

College tuition fees rose 1% in Jackson County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $5,129 on average to attend higher education courses at the time, $52 more than the previous school year.

Among the two institutions in the county, Baptist University of Florida stood out with the highest tuition fees, reaching an average of $12,450. Chipola College followed with an average of $3,586 per year.

At the time, a total of $1.5 million in grants or scholarships were awarded to full-time undergraduates who started at the Jackson County universities in the 2022-23 school year.

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 Jackson 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
Baptist University of Florida20$230,685$11,5340$0$0
Chipola College208$1,274,655$6,1280$0$0

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