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Thursday, November 21, 2024

Students paid more for higher education in Linn County in 2022-23 school year

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Kim Keeble, Guest Services Associate | LinkedIn

Kim Keeble, Guest Services Associate | LinkedIn

College tuition fees rose 4.5% in Linn County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $14,787 on average to attend higher education courses at the time, $633 more than the previous school year.

Among the six institutions providing full disclosure in the county, Coe College stood out with the highest tuition fees, reaching an average of $50,664. Cornell College followed with an average of $49,158 per year. Kirkwood Community College students were offered the lowest annual tuition fees at $5,796.

At the time, at least $41.9 million in grants or scholarships were awarded to full-time undergraduates who started at the Linn County universities in the 2022-23 school year. Additionally, federal student loans reached more than $8.4 million.

Currently there are seven higher education institutions in Linn County, including Coe College, Capri College-Cedar Rapids, and Kirkwood Community College.

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 seven institutions in Linn County, Mercy-St Luke's School of Radiologic Technology did not provide detailed data on tuition fees.

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

Total Student Aid in Linn 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
Kirkwood Community College1,012$6,497,884$6,421521$2,309,043$4,432
Capri College-Cedar Rapids29$143,134$4,93633$182,620$5,534
Mercy-St Luke's School of Radiologic Technology------------
Cornell College329$12,661,779$38,486225$2,208,785$9,817
La James College of Hairstyling and Cosmetology69$376,108$5,45186$516,378$6,004
Mount Mercy University221$6,326,886$28,628128$1,051,920$8,218
Coe College363$15,889,386$43,772266$2,129,768$8,007

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