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Tuesday, November 5, 2024

Students paid more for higher education in Logan County in 2022-23 school year

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Dr. Silas McCormick President | Lincoln Christian University

Dr. Silas McCormick President | Lincoln Christian University

College tuition fees rose 2.8% in Logan County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $14,920 on average to attend Lincoln Christian University courses at the time, $400 more than the previous school year.

For comparison, Illinois universities charge students an annual average of $19,224 per year.

Currently, there are 87 students enrolled in Lincoln Christian University.

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 Lincoln Christian University 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
Lincoln Christian University0$0$00$0$0

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