Cost of education increases for all State Career College students in 2022-23 school year

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Tuition at State Career College rose by 25% for the 2022-23 academic year, based on the most recent disclosure, according to the latest disclosure from the National Center for Education Statistics.

Students paid $13,500 to attend the private for-profit institution this year, an increase of $2,700 from the $10,800 charged during the 2021-22 academic year.

The entire undergraduate student body at the college consists of residents of Illinois.

Data reveals that 91% of full-time undergraduates who enrolled at State Career College in 2022-23 received some form of student financial aid. A total of 108 students were awarded grants or scholarships amounting to $642,556, while 104 students borrowed over $852,393 in student loans.

Across all undergraduates, 113 students received grants or scholarships totaling $642,556. Additionally, 104 students obtained $1.1 million in federal student loans.

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.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the State Career College in the 2022-23 school year.

Type of Aid Number of students awarded aid Percent awarded aid Total amount of aid awarded Average amount of aid per student
Federal grants 108 87% $642,556 $5,950
State / local grant or scholarship 0 0% $0 $0
Institutional grants or scholarships 0 0% $0 $0
Grant or scholarship aid total 108 87% $642,556 $5,950
Federal student loans 104 84% $842,193 $8,098
Other student loans 0 2% $0 $0
Student loan aid 104 84% $852,393 $8,196
Total student aid 113 91% $1.5 million $13,229

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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