Anne M. Houtman President | Earlham College
Anne M. Houtman President | Earlham College
Data shows that students paid $18,273 on average to attend higher education courses at the time, $321 more than the previous school year.
Among the three institutions in the county, Earlham College stood out with the highest tuition fees, reaching an average of $50,058. PJ's College of Cosmetology-Richmond followed with an average of $17,216 per year. Indiana University-East students were offered the lowest annual tuition fees at $11,315.
At the time, a total of $8.6 million in grants or scholarships were awarded to full-time undergraduates who started at the Wayne County universities in the 2022-23 school year. Additionally, federal student loans reached $1.3 million.
Currently there are three higher education institutions in Wayne County, including Earlham College, PJ's College of Cosmetology-Richmond, and Indiana University-East.
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.
| Institution | Number of Students Receiving Grants | Total Amount of Grants Received | Average Amount of Grant Per Student | Number of Students Receiving Loans | Total Amount of Loans Received | Average Amount of Loans Per Student |
|---|---|---|---|---|---|---|
| Earlham College | 173 | $6,593,210 | $38,111 | 87 | $564,694 | $6,491 |
| Indiana University-East | 256 | $1,946,115 | $7,602 | 114 | $615,130 | $5,396 |
| PJ's College of Cosmetology-Richmond | 15 | $81,709 | $5,447 | 17 | $114,887 | $6,758 |
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