Kevin Scoggins Owner/Director/Admissions at BK Cosmo College of Cosmetology | Linkedin
Kevin Scoggins Owner/Director/Admissions at BK Cosmo College of Cosmetology | Linkedin
Data shows that students paid $34,854 on average to attend higher education courses at the time, $1,630 more than the previous school year.
Among the two institutions in the county, Schreiner University stood out with the highest tuition fees, reaching an average of $35,614. BK Cosmo College of Cosmetology followed with an average of $12,900 per year.
At the time, a total of $9.3 million in grants or scholarships were awarded to full-time undergraduates who started at the Kerr County universities in the 2022-23 school year. Additionally, federal student loans reached $3.1 million.
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 |
---|---|---|---|---|---|---|
Schreiner University | 372 | $9,128,196 | $24,538 | 267 | $2,891,834 | $10,831 |
BK Cosmo College of Cosmetology | 27 | $145,242 | $5,379 | 27 | $210,806 | $7,808 |