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Friday, November 15, 2024

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

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Dwight Deen Cummings President | Northwest College-Medford

Dwight Deen Cummings President | Northwest College-Medford

College tuition fees rose 4.3% in Jackson County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $18,364 on average to attend higher education courses at the time, $749 more than the previous school year.

Among the four institutions in the county, Southern Oregon University stood out with the highest tuition fees, reaching an average of $18,601. Northwest College-Medford followed with an average of $16,645 per year. Pacific Bible College students were offered the lowest annual tuition fees at $5,148.

At the time, at least $3.7 million in grants or scholarships were awarded to full-time undergraduates who started at the Jackson County universities in the 2022-23 school year. Additionally, federal student loans reached more than $1.5 million.

Currently there are four higher education institutions in Jackson County, including Pacific Bible College, Southern Oregon University, and Phagans Medford Beauty School.

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 Jackson 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
Northwest College-Medford29$138,421$4,77329$190,110$6,556
Pacific Bible College------------
Southern Oregon University482$3,425,898$7,108215$1,144,548$5,323
Phagans Medford Beauty School31$164,488$5,30626$164,423$6,324

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