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Wednesday, November 13, 2024

Students paid less for higher education in Le Flore County in 2022-23 school year

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Jay Falkner, Ed. D, President | Carl Albert State College

Jay Falkner, Ed. D, President | Carl Albert State College

College tuition fees fell 7.8% in Le Flore County in the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.

Data shows that students paid $4,366 on average to attend Carl Albert State College courses at the time, less than the $370 charged for the previous school year.

For comparison, Oklahoma universities charge students an annual average of $10,669 per year.

At the time, a total of $2 million in grants or scholarships were awarded to full-time undergraduates who enrolled in the university. Additionally, federal student loans reached $266,277.

Currently, there are 1,823 students enrolled in Carl Albert State 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 Carl Albert State College 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
Carl Albert State College278$1,981,823$7,12954$266,277$4,931

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