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Thursday, November 21, 2024

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

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Michael Zimmerman, President MTI College | campus.edu

Michael Zimmerman, President MTI College | campus.edu

College tuition fees rose 1.1% in Sacramento County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $4,198 on average to attend higher education courses at the time, $45 more than the previous school year.

Among the 21 institutions in the county, California Northstate University stood out with the highest tuition fees, reaching an average of $52,685. The Sacramento Ultrasound Institute followed with an average of $43,680 per year. Sacramento City College students were offered the lowest annual tuition fees at $1,288.

At the time, at least $63.9 million in grants or scholarships were awarded to full-time undergraduates who started at the Sacramento County universities in the 2022-23 school year. Additionally, federal student loans reached more than $15.6 million.

Currently there are 21 higher education institutions in Sacramento County, including Paul Mitchell the School-Sacramento, MTI College, and Sacramento City College.

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 Sacramento 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
Asher College12$38,997$3,2500$0$0
Sacramento Ultrasound Institute33$219,468$6,65168$702,889$10,337
National Career Education92$482,278$5,242116$1,077,211$9,286
Epic Bible College & Graduate School------------
Chamberlain University-California------------
Folsom Lake College518$2,382,823$4,6006$30,288$5,048
Citrus Heights Beauty College72$236,743$3,288107$568,237$5,311
My Le's Beauty College31$163,835$5,2850$0$0
Carrington College-Sacramento571$2,414,723$4,229607$4,414,914$7,273
American River College958$6,164,168$6,43434$215,889$6,350
California Northstate University19$94,135$4,9545$154,084$30,817
California State University-Sacramento3,050$35,084,769$11,503960$4,811,708$5,012
MTI College355$2,360,320$6,649176$1,218,053$6,921
Cosumnes River College1,018$5,478,583$5,38225$166,479$6,659
Charles A Jones Career and Education Center72$340,012$4,72222$135,096$6,141
InterCoast Colleges-Rancho Cordova66$379,084$5,74470$487,086$6,958
Independent Training & Apprenticeship Program84$598,623$7,12679$525,580$6,653
Sacramento City College938$6,809,539$7,26037$239,726$6,479
Paul Mitchell the School-Sacramento61$300,420$4,92578$516,078$6,616
Federico Beauty Institute51$257,672$5,05255$317,442$5,772
MIXED Institute of Cosmetology & Barber7$48,265$6,8958$56,326$7,041

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