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Thursday, September 26, 2024

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

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Dr. Tim Somerville Founder | Professional Golfers Career College

Dr. Tim Somerville Founder | Professional Golfers Career College

College tuition fees rose 1% in Riverside County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $6,446 on average to attend higher education courses at the time, $66 more than the previous school year.

Among the 27 institutions in the county, California Baptist University stood out with the highest tuition fees, reaching an average of $38,058. La Sierra University followed with an average of $34,902 per year. Palo Verde College students were offered the lowest annual tuition fees at $1,288.

At the time, a total of $77.5 million in grants or scholarships were awarded to full-time undergraduates who started at the Riverside County universities in the 2022-23 school year. Additionally, federal student loans reached $18.6 million.

Currently there are 27 higher education institutions in Riverside County, including Riverside City College, Coachella Valley Beauty College, and Moreno Valley 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 Riverside 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
Moreno Valley College458$3,717,170$8,1160$0$0
California Nurses Educational Institute44$252,560$5,74063$563,233$8,940
Salon Success Academy-Corona38$215,529$5,67243$263,327$6,124
Palo Verde College71$390,730$5,5030$0$0
Beaumont Adult School14$56,887$4,06316$140,330$8,771
Elite Cosmetology School18$105,092$5,83817$123,543$7,267
Salon Success Academy-Riverside27$169,702$6,28528$188,065$6,717
Professional Golfers Career College9$32,255$3,58418$131,031$7,280
College of the Desert1,007$5,863,338$5,8230$0$0
American College of Healthcare and Technology215$949,032$4,414206$1,760,782$8,547
Riverside County Office of Education-School of Career Education114$778,781$6,83153$228,741$4,316
Riverside City College1,562$9,500,140$6,0828$35,016$4,377
California Indian Nations College0$0$00$0$0
California Baptist University1,296$30,881,424$23,828851$6,490,983$7,627
Advance Beauty Techs Academy29$154,731$5,33628$193,848$6,923
Norco College432$2,588,671$5,9920$0$0
Paul Mitchell the School-Temecula97$530,558$5,470117$839,480$7,175
Coachella Valley Beauty College42$227,494$5,41735$153,453$4,384
Mayfield College217$1,279,124$5,895208$1,350,968$6,495
Milan Institute-Palm Desert209$796,246$3,810191$835,688$4,375
North-West College-Riverside341$1,501,681$4,404367$2,348,363$6,399
InterCoast Colleges-Riverside46$276,064$6,00154$431,567$7,992
International School of Beauty Inc75$576,874$7,69261$294,212$4,823
CET-Coachella40$516,200$12,90519$128,016$6,738
Mt San Jacinto Community College District1,518$8,573,564$5,6486$33,536$5,589
La Sierra University326$7,094,367$21,762217$1,329,823$6,128
Platt College-Riverside76$518,806$6,82678$781,845$10,024

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