Jason Haak, Superintendent/CEO | LinkedIn
Jason Haak, Superintendent/CEO | LinkedIn
Data shows that students paid $5,901 on average to attend higher education courses at the time, $164 more than the previous school year.
Among the three institutions in the county, Hobart Institute of Welding Technology stood out with the highest tuition fees, reaching an average of $21,600. Upper Valley Career Center followed with an average of $15,391 per year. Edison State Community College students were offered the lowest annual tuition fees at $4,288.
At the time, a total of $2.2 million in grants or scholarships were awarded to full-time undergraduates who started at the Miami County universities in the 2022-23 school year. Additionally, federal student loans reached $1.4 million.
Currently there are three higher education institutions in Miami County, including Edison State Community College, Upper Valley Career Center, and Hobart Institute of Welding Technology.
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 |
|---|---|---|---|---|---|---|
| Hobart Institute of Welding Technology | 148 | $902,020 | $6,095 | 168 | $1,223,425 | $7,282 |
| Edison State Community College | 221 | $1,179,323 | $5,336 | 25 | $128,027 | $5,121 |
| Upper Valley Career Center | 10 | $88,952 | $8,895 | 11 | $74,500 | $6,773 |
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