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Thursday, November 14, 2024

Students paid more for higher education in Newport News city in 2022-23 school year

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Clarice Thomas, President, CEO | Luckes Beauty Academy LLC

Clarice Thomas, President, CEO | Luckes Beauty Academy LLC

College tuition fees rose 3% in Newport News city in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $16,419 on average to attend higher education courses at the time, $476 more than the previous school year.

Among the six institutions in the county, Empire Beauty School-Newport News stood out with the highest tuition fees, reaching an average of $18,750. Riverside College of Health Careers followed with an average of $17,600 per year. Christopher Newport University students were offered the lowest annual tuition fees at $16,269.

At the time, a total of $7.3 million in grants or scholarships were awarded to full-time undergraduates who started at the Newport News city universities in the 2022-23 school year. Additionally, federal student loans reached $5.1 million.

Currently there are six higher education institutions in Newport News city, including Riverside College of Health Careers, Christopher Newport University, and Empire Beauty School-Newport News.

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 Newport News city 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
Empire Beauty School-Newport News24$146,962$6,12325$197,500$7,900
Luckes Beauty Academy LLC0$0$00$0$0
Christopher Newport University751$6,864,879$9,141490$4,631,286$9,452
Riverside College of Health Careers0$0$00$0$0
Tomorrow's Image Barber And Beauty Academy of Virginia18$100,032$5,55715$71,590$4,773
Centura College-Newport News26$165,320$6,35823$185,271$8,055

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