President Jonathan Gibralter | Wells College
President Jonathan Gibralter | Wells College
Data shows that students paid $8,932 on average to attend higher education courses at the time, $135 more than the previous school year.
Among the three institutions in the county, Wells College stood out with the highest tuition fees, reaching an average of $33,862. Cayuga Onondaga BOCES-Practical Nursing Program followed with an average of $12,660 per year. Cayuga County Community College students were offered the lowest annual tuition fees at $6,343.
At the time, a total of $5.5 million in grants or scholarships were awarded to full-time undergraduates who started at the Cayuga County universities in the 2022-23 school year. Additionally, federal student loans reached $1.7 million.
Currently there are three higher education institutions in Cayuga County, including Cayuga Onondaga BOCES-Practical Nursing Program, Wells College, and Cayuga County Community College.
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 |
---|---|---|---|---|---|---|
Cayuga Onondaga BOCES-Practical Nursing Program | 0 | $0 | $0 | 0 | $0 | $0 |
Cayuga County Community College | 226 | $1,534,259 | $6,789 | 121 | $632,678 | $5,229 |
Wells College | 147 | $3,977,236 | $27,056 | 122 | $1,086,228 | $8,904 |