Mary Whitby, CEO | LinkedIn
Mary Whitby, CEO | LinkedIn
Data shows that students paid $4,770 on average to attend higher education courses at the time, $249 more than the previous school year.
Among the four institutions in the county, Yukon Beauty College Inc stood out with the highest tuition fees, reaching an average of $15,000. Redlands Community College followed with an average of $5,544 per year. Pioneer Technology Center students were offered the lowest annual tuition fees at $1,850.
At the time, a total of $1.9 million in grants or scholarships were awarded to full-time undergraduates who started at the Canadian County universities in the 2022-23 school year. Additionally, federal student loans reached $271,393.
Currently there are four higher education institutions in Canadian County, including Redlands Community College, Pioneer Technology Center, and Yukon Beauty College Inc.
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 |
---|---|---|---|---|---|---|
Pioneer Technology Center | 46 | $245,199 | $5,330 | 0 | $0 | $0 |
Yukon Beauty College Inc | 27 | $109,210 | $4,045 | 27 | $184,167 | $6,821 |
Redlands Community College | 122 | $982,584 | $8,054 | 19 | $87,226 | $4,591 |
Canadian Valley Technology Center | 179 | $564,228 | $3,152 | 0 | $0 | $0 |