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East Panhandle Times

Thursday, October 31, 2024

Average cost of college went up for students in Berkeley County in 2022-23 school year

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Dr. Miguel A. Cardona Secretary of Education | Official website

Dr. Miguel A. Cardona Secretary of Education | Official website

College tuition fees rose 13.3% in Berkeley County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $7,486 on average to attend higher education courses at the time, $876 more than the previous school year.

Among the five institutions in the county, International Beauty School 4 stood out with the highest tuition fees, reaching an average of $25,000. Valley College-Martinsburg followed with an average of $15,995 per year. Blue Ridge Community and Technical College students were offered the lowest annual tuition fees at $4,295.

At the time, a total of $6.9 million in grants or scholarships were awarded to full-time undergraduates who started at the Berkeley County universities in the 2022-23 school year. Additionally, federal student loans reached $2 million.

Currently there are five higher education institutions in Berkeley County, including Valley College-Martinsburg, Blue Ridge Community and Technical College, and Martinsburg 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.

Total Student Aid in Berkeley County Universities in 2022-23 School Year

InstitutionNumber of Students Receiving GrantsTotal Amount of Grants ReceivedAverage Amount of Grant Per StudentNumber of Students Receiving LoansTotal Amount of Loans ReceivedAverage Amount of Loans Per Student
Valley College-Martinsburg134$805,097$6,008128$1,303,105$10,181
James Rumsey Technical Institute56$229,267$4,0940$0$0
International Beauty School 485$451,023$5,30685$418,421$4,923
Martinsburg College798$4,584,260$5,74542$126,294$3,007
Blue Ridge Community and Technical College141$873,064$6,19246$173,396$3,769

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