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Sunday, December 22, 2024

Average cost of college went down for students in Jefferson Parish in 2022-23 school year

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Sylvester J. Randle Campus Director | LinkedIn

Sylvester J. Randle Campus Director | LinkedIn

College tuition fees fell 0.1% in Jefferson Parish in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $17,026 on average to attend higher education courses at the time, less than the $14 charged for the previous school year.

Among the eight institutions in the county, the Healthcare Training Institute stood out with the highest tuition fees, reaching an average of $30,973. Chamberlain University-Louisiana followed with an average of $19,629 per year. John Jay Beauty College students were offered the lowest annual tuition fees at $6,550.

At the time, a total of $4.1 million in grants or scholarships were awarded to full-time undergraduates who started at the Jefferson Parish universities in the 2022-23 school year. Additionally, federal student loans reached $3.6 million.

Currently there are eight higher education institutions in Jefferson Parish, including John Jay Beauty College, Healthcare Training Institute, and Blue Cliff College-Metairie.

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 Jefferson Parish 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
Herzing University-New Orleans23$134,692$5,85620$125,329$6,266
Chamberlain University-Louisiana0$0$00$0$0
John Jay Beauty College29$149,214$5,1450$0$0
Paul Mitchell the School-New Orleans34$196,752$5,78740$308,225$7,706
My Le's Beauty College124$445,003$3,5890$0$0
Blue Cliff College-Metairie484$2,484,949$5,134486$2,062,338$4,243
Unitech Training Academy-New Orleans170$702,006$4,129176$1,106,160$6,285
Healthcare Training Institute8$25,934$3,2428$18,311$2,289

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