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Berks County News

Thursday, November 21, 2024

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

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Dr. Miguel Cardona, Secretary of Education | https://www2.ed.gov/news/staff/bios/cardona.html#:~:text=Miguel%20A.,in%20the%20mainland%20United%20States.

Dr. Miguel Cardona, Secretary of Education | https://www2.ed.gov/news/staff/bios/cardona.html#:~:text=Miguel%20A.,in%20the%20mainland%20United%20States.

College tuition fees rose 2.3% in Berks County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $16,525 on average to attend higher education courses at the time, $375 more than the previous school year.

Among the 10 institutions in the county, Alvernia University stood out with the highest tuition fees, reaching an average of $40,750. Albright College followed with an average of $28,230 per year. The Miller-Motte College-Berks Technical Institute students were offered the lowest annual tuition fees at $5,000.

At the time, a total of $35.7 million in grants or scholarships were awarded to full-time undergraduates who started at the Berks County universities in the 2022-23 school year. Additionally, federal student loans reached $15.6 million.

Currently there are 10 higher education institutions in Berks County, including Empire Beauty School-Reading, Alvernia University, and Miller-Motte College-Berks Technical Institute.

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 Berks 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
Reading Area Community College270$1,477,281$5,47158$285,907$4,929
Empire Beauty School-Reading15$83,737$5,58217$126,750$7,456
Miller-Motte College-Berks Technical Institute141$868,551$6,160133$915,336$6,882
Kutztown University of Pennsylvania1,504$10,100,957$6,7161,087$7,244,542$6,665
Alvernia University493$14,105,427$28,611476$4,204,733$8,833
Albright College391$8,680,417$22,201311$2,329,003$7,489
American Barber and Beauty Academy38$238,749$6,28345$300,638$6,681
Reading Hospital School of Health Sciences5$33,272$6,6548$55,176$6,897
European Medical School of Massage8$36,691$4,5866$33,355$5,559
Berks Career & Technology Center9$53,509$5,94512$67,021$5,585

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