Quantcast

Chippewa Valley Times

Thursday, October 3, 2024

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

College tuition fees rose 1.6% in Eau Claire County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $8,600 on average to attend higher education courses at the time, $138 more than the previous school year.

Among the three institutions in the county, the University of Wisconsin-Eau Claire stood out with the highest tuition fees, reaching an average of $11,994. The The Professional Hair Design Academy followed with an average of $11,900 per year. Chippewa Valley Technical College students were offered the lowest annual tuition fees at $4,750.

At the time, a total of $6.5 million in grants or scholarships were awarded to full-time undergraduates who started at the Eau Claire County universities in the 2022-23 school year. Additionally, federal student loans reached $9.2 million.

Currently there are three higher education institutions in Eau Claire County, including University of Wisconsin-Eau Claire, Chippewa Valley Technical College, and The Professional Hair Design Academy.

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 Eau Claire 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
The Professional Hair Design Academy5$32,325$6,46513$109,500$8,423
University of Wisconsin-Eau Claire1,268$4,818,918$3,8001,058$7,823,890$7,395
Chippewa Valley Technical College284$1,614,698$5,686228$1,245,263$5,462

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS