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Pierce Today

Wednesday, November 20, 2024

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

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Allan Belton, President, Pacific Lutheran University | Pacific Lutheran University

Allan Belton, President, Pacific Lutheran University | Pacific Lutheran University

College tuition fees rose 2.1% in Pierce County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $12,873 on average to attend higher education courses at the time, $264 more than the previous school year.

Among the 10 institutions in the county, the University of Puget Sound stood out with the highest tuition fees, reaching an average of $57,626. Pacific Lutheran University followed with an average of $50,928 per year. Pierce College District students were offered the lowest annual tuition fees at $4,546.

At the time, a total of $48.7 million in grants or scholarships were awarded to full-time undergraduates who started at the Pierce County universities in the 2022-23 school year. Additionally, federal student loans reached $6.7 million.

Currently there are 10 higher education institutions in Pierce County, including Pacific Lutheran University, Tacoma Community College, and Bates Technical 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 Pierce 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
Summit Salon Academy71$364,334$5,131104$701,347$6,744
Tacoma Community College451$2,823,910$6,261116$585,843$5,050
University of Puget Sound402$13,330,602$33,161212$1,545,854$7,292
Northwest College of Art & Design39$391,231$10,03225$188,291$7,532
University of Washington-Tacoma Campus458$6,192,662$13,521161$846,426$5,257
Faith International University0$0$00$0$0
Clover Park Technical College141$1,100,173$7,80312$93,709$7,809
Pacific Lutheran University520$20,521,104$39,464261$1,884,464$7,220
Pierce College District448$2,853,381$6,369148$755,781$5,107
Bates Technical College129$1,130,810$8,7669$50,356$5,595

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