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.
Data shows that students paid $5,783 on average to attend higher education courses at the time, $45 more than the previous school year.
Among the four institutions in the county, Welch College stood out with the highest tuition fees, reaching an average of $20,170. The Image Maker Beauty Institute followed with an average of $19,100 per year. Volunteer State Community College students were offered the lowest annual tuition fees at $4,533.
At the time, a total of $9.6 million in grants or scholarships were awarded to full-time undergraduates who started at the Sumner County universities in the 2022-23 school year. Additionally, federal student loans reached $598,107.
Currently there are four higher education institutions in Sumner County, including Welch College, Volunteer State Community College, and Image Maker Beauty 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.
| 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 |
|---|---|---|---|---|---|---|
| Welch College | 49 | $742,512 | $15,153 | 21 | $148,686 | $7,080 |
| Image Maker Beauty Institute | 0 | $0 | $0 | 8 | $63,426 | $7,928 |
| Volunteer State Community College | 1,317 | $8,775,736 | $6,663 | 49 | $219,406 | $4,478 |
| Paul Mitchell the School-Murfreesboro-Nashville | 17 | $94,327 | $5,549 | 26 | $166,589 | $6,407 |
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