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Tuesday, October 15, 2024

Average cost of college went down for students in Fulton County in 2022-23 school year

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Victoria Seals, Ed.D., President | Atlanta Technical College

Victoria Seals, Ed.D., President | Atlanta Technical College

College tuition fees fell 4.1% in Fulton County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $12,070 on average to attend higher education courses at the time, less than the $510 charged for the previous school year.

Among the 20 institutions providing full disclosure in the county, Morehouse College stood out with the highest tuition fees, reaching an average of $29,468. Spelman College followed with an average of $28,885 per year. Atlanta Technical College students were offered the lowest annual tuition fees at $3,212.

At the time, at least $129.5 million in grants or scholarships were awarded to full-time undergraduates who started at the Fulton County universities in the 2022-23 school year. Additionally, federal student loans reached more than $36.1 million.

Currently there are 21 higher education institutions in Fulton County, including American InterContinental University-Atlanta, Spelman College, and Miami Ad School-Atlanta.

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.

Of the 21 institutions in Fulton County, Grady Health System Professional Schools did not provide detailed data on tuition fees.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Total Student Aid in Fulton 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
Miami Ad School-Atlanta0$0$00$0$0
Clark Atlanta University869$9,722,764$11,1881,027$4,338,605$4,225
Morehouse College556$7,029,638$12,643422$3,895,231$9,230
Chamberlain University-Georgia8$53,324$6,6668$69,538$8,692
Georgia Institute of Technology-Main Campus2,566$34,444,037$13,423797$6,157,609$7,726
Grady Health System Professional Schools------------
Gwinnett College-Sandy Springs23$115,470$5,02021$162,658$7,746
Paul Mitchell the School-Esani92$564,893$6,140110$882,251$8,020
Spelman College557$6,680,501$11,994508$2,576,580$5,072
Herzing University-Atlanta29$124,953$4,30915$77,016$5,134
Atlanta Metropolitan State College106$681,169$6,42622$120,948$5,498
Georgia State University4,911$53,668,454$10,9282,139$12,764,641$5,968
Institute of Medical Ultrasound32$160,000$5,00032$300,000$9,375
Gwinnett Technical College253$1,685,545$6,66276$416,580$5,481
American InterContinental University-Atlanta39$279,299$7,16238$260,258$6,849
Atlanta Technical College181$1,726,777$9,54075$430,275$5,737
Georgia State University-Perimeter College2,015$11,776,435$5,844606$2,899,952$4,785
Beulah Heights University0$0$00$0$0
Paul Mitchell the School-Atlanta56$420,219$7,50458$471,768$8,134
Profile Institute of Barber-Styling12$56,031$4,66916$127,500$7,969
Morris Brown College41$294,164$7,17536$172,977$4,805

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