Dr. Miguel Cardona (left), Secretary of Education and Cindy Marten, Deputy Secretary | https://www2.ed.gov/news/staff/bios/index.html
Dr. Miguel Cardona (left), Secretary of Education and Cindy Marten, Deputy Secretary | https://www2.ed.gov/news/staff/bios/index.html
Data shows that students paid $25,732 on average to attend higher education courses at the time, $916 more than the previous school year.
Among the three institutions in the county, Cumberland University stood out with the highest tuition fees, reaching an average of $26,400. Genesis Career College-Lebanon followed with an average of $17,495 per year. Master's Barber & Styling College students were offered the lowest annual tuition fees at $15,100.
At the time, a total of $15.4 million in grants or scholarships were awarded to full-time undergraduates who started at the Wilson County universities in the 2022-23 school year. Additionally, federal student loans reached $1.6 million.
Currently there are three higher education institutions in Wilson County, including Master's Barber & Styling College, Cumberland University, and Genesis Career College-Lebanon.
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 |
---|---|---|---|---|---|---|
Master's Barber & Styling College | 8 | $41,788 | $5,224 | 8 | $29,692 | $3,712 |
Cumberland University | 623 | $14,795,816 | $23,749 | 141 | $854,434 | $6,060 |
Genesis Career College-Lebanon | 116 | $567,576 | $4,893 | 112 | $695,550 | $6,210 |