Angie Clevenger President | Educators of Beauty College of Cosmetology-Sterling
Angie Clevenger President | Educators of Beauty College of Cosmetology-Sterling
Data shows that students paid $19,200 on average to attend higher education courses at the time, $1,466 more than the previous school year.
Among the two institutions in the county, Morrison Institute of Technology stood out with the highest tuition fees, reaching an average of $19,400. Educators of Beauty College of Cosmetology-Sterling followed with an average of $18,857 per year.
At the time, a total of $309,079 in grants or scholarships were awarded to full-time undergraduates who started at the Whiteside County universities in the 2022-23 school year. Additionally, federal student loans reached $371,110.
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.
Institution | Number of Students Receiving Grants | Total Amount of Grants Received | Average Amount of Grant Per Student | Number of Students Receiving Loans | Total Amount of Loans Received | Average Amount of Loans Per Student |
---|---|---|---|---|---|---|
Morrison Institute of Technology | 29 | $183,099 | $6,314 | 25 | $157,843 | $6,314 |
Educators of Beauty College of Cosmetology-Sterling | 26 | $125,980 | $4,845 | 32 | $213,267 | $6,665 |