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Thursday, November 21, 2024

Students paid less for higher education in Nobles County in 2022-23 school year

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Dr. Miguel A. Cardona Secretary of Education | Official website

Dr. Miguel A. Cardona Secretary of Education | Official website

College tuition fees fell 1.3% in Nobles County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $13,516 on average to attend Avalon School of Cosmetology courses at the time, less than the $184 charged for the previous school year.

For comparison, Minnesota universities charge students an annual average of $16,291 per year.

At the time, a total of $25,950 in grants or scholarships were awarded to full-time undergraduates who enrolled in the university.

Currently, there are 26 students enrolled in Avalon School of Cosmetology.

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 Avalon School of Cosmetology 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
Avalon School of Cosmetology6$25,950$4,3250$0$0

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