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East Arapahoe News

Friday, September 27, 2024

Average cost of college went up for students in Arapahoe County in 2022-23 school year

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Kevin Prehn President | Concorde Career College-Aurora

Kevin Prehn President | Concorde Career College-Aurora

College tuition fees rose 1.3% in Arapahoe County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $5,834 on average to attend higher education courses at the time, $74 more than the previous school year.

Among the 10 institutions in the county, Platt College-Aurora stood out with the highest tuition fees, reaching an average of $20,590. Empire Beauty School-Aurora followed with an average of $19,350 per year. Community College of Aurora students were offered the lowest annual tuition fees at $4,148.

At the time, a total of $7.1 million in grants or scholarships were awarded to full-time undergraduates who started at the Arapahoe County universities in the 2022-23 school year. Additionally, federal student loans reached $5 million.

Currently there are 10 higher education institutions in Arapahoe County, including Community College of Aurora, Pickens Technical College, and Platt College-Aurora.

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 Arapahoe 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
Arapahoe Community College167$1,118,373$6,697101$542,603$5,372
Colorado State University Global9$55,806$6,20111$70,273$6,388
Pickens Technical College282$1,264,076$4,4830$0$0
Concorde Career College-Aurora235$1,255,476$5,342237$2,196,192$9,267
Avalon Institute-Aurora137$643,204$4,695133$689,444$5,184
Pima Medical Institute-Aurora138$1,127,172$8,16895$669,796$7,050
Platt College-Aurora0$0$010$115,138$11,514
Bel-Rea Institute of Animal Technology27$175,059$6,48436$291,272$8,091
Empire Beauty School-Aurora24$117,144$4,88123$182,500$7,935
Community College of Aurora153$1,348,932$8,81743$240,504$5,593

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