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Sunday, November 17, 2024

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

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Dr. Miguel Cardona (left), Secretary of Education and Cindy Marten, Deputy Secretary | https://www2.ed.gov/news/staff/bios/index.html

Dr. Miguel Cardona (left), Secretary of Education and Cindy Marten, Deputy Secretary | https://www2.ed.gov/news/staff/bios/index.html

College tuition fees rose 3.3% in Black Hawk County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $9,012 on average to attend higher education courses at the time, $284 more than the previous school year.

Among the five institutions in the county, Allen College stood out with the highest tuition fees, reaching an average of $20,008. The Salon Professional Academy-Cedar Falls followed with an average of $16,900 per year. Hawkeye Community College students were offered the lowest annual tuition fees at $6,100.

At the time, at least $9 million in grants or scholarships were awarded to full-time undergraduates who started at the Black Hawk County universities in the 2022-23 school year. Additionally, federal student loans reached more than $6.1 million.

Currently there are five higher education institutions in Black Hawk County, including University of Northern Iowa, Hawkeye Community College, and The Salon Professional Academy-Cedar Falls.

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 Black Hawk 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
The Salon Professional Academy-Cedar Falls30$124,526$4,15130$244,256$8,142
Hawkeye Community College498$3,086,297$6,197296$1,493,514$5,046
La James International College-Cedar Falls21$140,046$6,66921$133,425$6,354
University of Northern Iowa1,060$5,644,697$5,325639$4,277,366$6,694
Allen College------------

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